01-29-2007, 10:00 AM
Quote: LinkedIn, a company that runs a popular online service that allows people to share business contact information, announced Monday that it has raised $12.8 million from two prominent venture capital firms.
Bessemer Venture Partners, one of the oldest venture capital firms in the U.S., and European Founders Fund (EFF), a leading investor in Internet companies, were the two firms that participated in the financing round.
The two join well-regarded venture capital firms Sequoia Capital and Greylock Partners as investors in LinkedIn, which has grown rapidly during the past year.
Chief Executive Officer Reid Hoffman said that the company has more than 9 million members and 350 corporate customers, including Microsoft and Target ...
full article: http://money.cnn.com/2007/01/29/technolo...2007012903