LinkedIn raises 13M$
Submitted by ron on January 29, 2007 - 08:28
Professional social network LinkedIn will announce a previously rumored $12.8 million round of financing on Monday. The company, which has been profitable since March 2006, has raised $13.4 million in two previous rounds of financing, bringing the total to more than $26 million.
The company had something north of $10 million in revenue in 2006, and says they’ll do substantially more than that in 2007. They claim 9 million worldwide users, and are adding 100,000 or so new users per week.
How is this related to Israel?
Oh, well
I actually did have a mixed feeling about posting that bit.
But I think it's very interesting, and contains numbers that are important for Israelis as well - usually we don't get those. ;-)
Thanks,
Ron
StartupIsrael.com