LinkedIn Raises Additional $22.7 Million

LinkedIn, a San Francisco-based operator of a professional networking platform, has raised $22.7 million in additional Series D funding. It had previously held a $53 million first close at a valuation of just over $1 billion. The new tranche came from Goldman Sachs, McGraw-Hill Cos., SAP Ventures and return backer Bessemer Venture Partners. The original tranche had been led by Bain Capital Ventures.

23 October 2008•4 mins read
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