$9M for Causes
Causes, the Berkeley, CA-based philanthropy startup co-founded by former Facebook executive Sean Parker, said this week that it has raised $9 million in new funding. The mezzanine round was led by Menlo Park’s New Enterprise Associates and included angel and super-angel investors Marc Benioff, Ron Conway, Karl Jacob, Dustin Moskovitz, Keith Rabois, and Founders Fund. The company, which helps activists and non-profit groups raise money through Facebook and other social networks, said it planned to use the funds to expand its staff. The company also said it plans to move its offices to San Francisco.