LinkedIn raises $12.8M to build out professional network
LinkedIn, the networking site for professionals connect, has raised $12.8 million in venture funding.
The venture capitalists, Silicon Valley’s Bessemer Venture Partners and the European Founders Fund (EFF), an internet focused firm, placed a value of more than $250 million on the Palo Alto company, after the investment.
This catapults LinkedIn to the rarified group of networks that are actually worth something • though granted, this worth is still on paper • held on the books… Continue Reading