/>
X

LinkedIn raises $53 million

LinkedIn has raised another $53 million in venture capital to give the company a rough valuation of $1 billion.The social networking company said in a post that its latest round was led by Bain Capital Ventures, which joins Sequoia Capital, Greylock Partners and Bessemer Ventures.
larry-dignan-eic.jpg
Written by Larry Dignan, Contributing Editor on

LinkedIn has raised another $53 million in venture capital to give the company a rough valuation of $1 billion.

The social networking company said in a post that its latest round was led by Bain Capital Ventures, which joins Sequoia Capital, Greylock Partners and Bessemer Ventures. LinkedIn raised $27 million previously.

The deal has received a fair amount of attention on Techmeme and LinkedIn has a nice profile in the New York Times. The takeaway: Social networking for business is a good business.

Related

McDonald's and Chick-fil-A both have a big problem. Only one has a solution
screen-shot-2022-06-28-at-6-24-27-pm.png

McDonald's and Chick-fil-A both have a big problem. Only one has a solution

Business
On July 12, we'll see the universe like never before
51656393132-ca88bc21e3-k

On July 12, we'll see the universe like never before

Space
Chick-fil-A has a problem that's out of control (and technology can't fix it)
screen-shot-2022-03-14-at-9-38-08-am.png

Chick-fil-A has a problem that's out of control (and technology can't fix it)

Enterprise Software