Goldman Sachs Spreads Tech Investments After Facebook
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Goldman Sachs Group Inc., the bank which last week doubled its money from a 2010 bet on Facebook Inc., is ramping up investments in Web startups, underscoring the allure of high-growth tech companies to financiers far from Silicon Valley.
Goldman Sachs led a $52 million round of funding in AnchorFree, the Mountain View, California-based maker of Internet-surfing software said today in a statement. The bank is also in talks to invest in Spotify Ltd. in a deal that would value the London-based music-streaming service at up to $4 billion, a person familiar with the matter said last week.