LinkedIn raises $22.7M from SAP, other strategic investors
Updated
Professional networking site LinkedIn has raised another $22.7 million, bringing its total backing to slightly more than $100 million. The new funding is an addition to the round that LinkedIn raised in April at a valuation of more than $1 billion.
Interestingly, the money came from strategic backers SAP Ventures, Goldman Sachs and McGraw-Hill, rather than the venture firms that previously backed the Mountain View, Calif. company. [Update: A company spokesperson says one of LinkedIn’s venture… Continue Reading