LinkedIn Raises $53 Million From Existing Investors - brandUNITY Blogs on Emerging Media

The brandUNITY Team Discusses: Branding tools are evolving at a rapid pace as the internet matures. Always on the watch for new branding powerhouses, in this blog we note revealing research, notable market entries, emerging technologies and trends.

LinkedIn Raises $53 Million From Existing Investors

Sunday June 29th 2008, 10:01 pm
Category: Marketing Trends

Tags:Marketing Trends

Over 23 million professionals are members of LinkedIn, a professional networking site that began in 2003. LinkedIn recently announced it raised $53 million from existing investors, to purchase new ventures and expand online services to business markets, particularly in India and the United Kingdom.

Last year, Microsoft invested $240 million in Facebook, valuing it at $15 billion. LinkedIn is said to be worth $1 billion with this new round of investing.

brandUNITY’s president, Ann Jensen Warman, recently updated her profile and is actively expanding her network. View the profile here: brandUNITY at LinkedIn.