ResearchGate announced that it has closed a $35 million round of series C financing from Microsoft founder Bill Gates and Tenaya Capital, with participation from Dragoneer Investment Group and Thrive Capital. This hefty third-round of financing follows its series A and B rounds raised in 2010 and 2012, respectively. Short-term returns may not be part of the equation for ResearchGate’s investors, but Bill Gates, for one, hasn’t been shy about placing big bets on potentially high-impact education, energy and health-related technologies, even if those are long-term — or long shot — investments.
ResearchGate has endeavored to give researchers a platform where they can not only upload the journals they’ve been published in, but share raw data as well — along with experiments that failed or succeeded — in an effort to make that knowledge accessible in a broader context.
For the full article see: Bill Gates, Benchmark And More Pour $35M Into ResearchGate, The Social Network For Scientists | TechCrunch.
See also: Bill Gates Backs “Open Science” Social Network ResearchGate In Push For Nobel Prize | ReadWrite

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