Richard Wray
The Guardian, Thursday June 19 2008
LinkedIn, the social networking website that helps business contacts and former colleagues keep in touch, has joined the exclusive club of dotcom companies to secure a billion dollar valuation after a fresh round of venture capital funding.
The company, based just down the road from Google in Mountain View California, has received $53m (£27m) in new cash from investors in a funding round lead by private equity firm Bain Capital that values LinkedIn at $1bn (£512m). Read more...
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