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article imageBill Gates reported to invest in social network for scientists

By Michael Krebs     Jun 1, 2013 in Technology
Berlin - Microsoft co-founder and global philanthropist Bill Gates is reported to have placed a quiet investment in the Berlin-based scientific social network company ResearchGate, reflecting his long-held interests in science.
ResearchGate, the social network dedicated to scientists and their research, is reported to have secured an additional $20 million in venture capital - and, as Venture Village reported, citing the original report in the German-language Wall Street Journal Deutschland, Microsoft co-founder and global philanthropist Bill Gates was named as one of six mystery investors behind the deal.
The investment was first reported in early May, however, ResearchGate has yet to issue a formal announcement on the funding.
Gates has expressed a deep interest in science over the years and he has used his wealth to support research on global health and development projects through his Bill and Melinda Gates Foundation, and the ResearchGate investment appears to be a likely extension of his long-held interests.
Neither Gates nor executives at ResearchGate have confirmed his involvement, as Business Insider reported on Friday, however the interests of ResearchGate in finding scientific breakthrough dovetail well with the focus Gates has shared publicly on many occasions.
ResearchGate operates out of Berlin and claims a scientific community of over 2.9 million. While Bill Gates is certainly a celebrity investor, the company is backed by a number of heavy hitters in the venture capital community, as Crunchbase cites.
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