Wednesday, June 18, 2008

LinkedIN Gets Linked To One Billion Valuation and Additional Funding.

CEO Dan Nye said today "Today I am happy to announce that LinkedIn has raised additional funding from our original investors and added another world-class investor to our team. Bain Capital Ventures joins our existing group of investors - Sequoia Capital, Greylock Partners, and Bessemer Ventures - and leads this round of investment at a total of $53 million.* (LinkedIn has previously raised $27 million). "

The blog post is here

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