Guru.com Raises $16 Million

Posted on November 29, 1999

Guru.com, an Internet startup focused on independent professionals, has announced that it has secured $16 million in second-round financing. The round was co-led by Greylock and August Capital, and also included several individual investors. This financing follows a $3 million angel round that closed in July 1999. Guru.com provides professional community, advice-oriented content, job-matching, and deals on products and services to solo professionals.

Joining the Guru.com board will be Andrew Anker, partner at August Capital and founder and former CEO of Wired Digital, and Aneel Bhusri, partner at Greylock and vice chairman of Peoplesoft. Current board members include Guru.com co-founders Jon and James Slavet; Mike Murray, former vice president of human resources and administration at Microsoft; and Thomas Layton, founder and former president of CitySearch.

"Millions of people are leaving the corporate world to work for themselves. Guru.com is extremely well-positioned to capture the spirit and loyalty of this massive and rapidly growing market," said Andrew Anker of August Capital.