Business Social Network LinkedIn Gets Another $22.7 Million

Authored by Mark Hefflinger on October 23, 2008 - 7:40am.

Mountain View, Calif. - LinkedIn, an online social network for business professionals, announced on Thursday that it has landed a new $22.7 million financing round, from investors including Goldman Sachs, The McGraw-Hill Companies, SAP Ventures and previous backer Bessemer Venture Partners.

The financing is a follow-on to the company's $53 million fourth round, announced back in June.

"This funding strengthens LinkedIn further, and will help us to continue creating additional services for professionals to connect and collaborate more effectively, around the world," said CEO Dan Nye in a post on the company's blog.

 

Related Links:
http://blog.linkedin.com/blog/2008/10/goldman-sachs-t.html

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