Business Insider Raises $3 Million
Henry Blodget, CEO and editor in chief of online financial-news outlet Business Insider, today crowed that his company has raised about $3 million in financing from RRE Ventures.
“We’ve raised about $3 million this time, which is a vast sum relative to the couch change we’ve been running on since we launched three years ago ($2.7 million in total),” wrote Blodget. He said his company plans to expand its newsroom, do more original reporting, launch verticals and publish more reader content, among other things.
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