PayPal co-founder Peter Thiel funds ScriptRock, his first startup investment in Australia

July 30, 2012 by  

Peter Thiel, co-founder of PayPal and the first external investor in Facebook, has invested in his first Australian startup. He led a A$1.2M (US$$1.25M) seed funding round in ScriptRock, an enterprise software provider.

The move by Thiel, which was announced last week, was made through Valar Ventures, an early-stage VC firm founded by him with other partners. Read more