Peter Thiel, others help home remodeling startup BuildZoom raise $10.6 million

Peter Thiel, the Silicon Valley investor who co-founded PayPal and invested in Facebook in 2004, has now invested in BuildZoom, a Y Combinator-backed startup that helps U.S. customers find contractors for remodeling projects. BuildZoom said on Wednesday it raised $10.6 million in a Series A funding round led by Joe Lonsdale of venture capital firm Formation 8, with participation from Thiel's Founder's Fund and Y Combinator, the startup machine behind companies such as Dropbox, Airbnb, Reddit and