LinkedIn Raises Another $22.7 Million
In the middle of an economic crisis, LinkedIn has sealed a new round of funding for $22.7 million from SAP Ventures, Goldman Sachs, and McGraw-Hill, according to the Wall Street Journal. This round of funding includes cash from strategic partners and not just venture companies. According to the Wall Street Journal, this round was actually part of the Series-D which was first announced in June.
That leaves the company valued at $1 billion, a far cry from the $15 billion valuation Facebook was able to attract.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in