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LinkedIn Raises $53 Million in Financing, Putting it in Billion Dollar Club

knowmoremedia.com » 2008 » June » 18th » LinkedIn Raises $53 Million in Financing, Putting it in Billion Dollar Club

Tagged: venture capital, linkedin, bain capital, dan nye, professional social network, business online network, professional online contacts

Led by Bain Capital, venture capitalists invested another $53 million in LinkedIn, which puts a value on the company of over $1 billion, according to LinkedIn CEO Dan Nye. The $53 million bought the investment group 5 percent of LinkedIn. Overall the company has raised $80 million in financing. LinkedIn primarily targets business professionals and human resources departments looking to make … Continue Reading »

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