Thursday, October 14, 2004

LINKEDIN GETS $10 MILLION FOR THEIR SECOND ROUND

For those of you who haven't tried LinkedIn (www.linkedin.com), go ahead and sign up. After trying various professional online networking sites, it is by far the best service. I have received a fair amount of potential business deals and solid leads from this network, and what initially attracted me was the quality of their membership base. There are many top-tier professionals from every industry on this site.

For their Series B round, they received $10 million from Greylock, Sequoia Capital (i.e. Apple, Yahoo!, Cisco, Google), and 14 angel investors, including Marc Andreessen (co-founder of Netscape and chairman of Opsware), Joe Kraus (co-founder of Excite), Josh Kopelman (founder of Half.com), and Peter Thiel (co-founder of PayPal).

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