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LinkedIn raises £27 million in funding

Discussion in 'Social Media' started by temi, Jun 18, 2008.

  1. temi

    temi Facilitator Webmaster

    LinkedIn, a networking site for professionals, has raised $53m (£27m) of new funding from investors.
    The financing by venture capitalists values the Silicon Valley start-up at more than $1bn, reflecting investor confidence in online communities.
    Bain Capital Ventures led the site's latest round of funding, giving investors a 5% stake in the firm.

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