Business Insider Receives $7,000,000 New Funding

  • Feed Type
  • Date
    9/22/2011
  • Company Name
    Business Insider
  • Mailing Address
    119 5th Ave. New York, NY 10003
  • Company Description
    Business Insider is a new business site with deep financial, entertainment, green tech and digital industry verticals. The flagship vertical, Silicon Alley Insider, launched on July 19, 2007, led by DoubleClick founders Dwight Merriman and Kevin Ryan and former top-ranked Wall Street analyst Henry Blodget.
  • Website
    http://www.businessinsider.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $7,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    We’ll be able to do a ton more cool stuff over the next couple of years, all of which we hope will make Business Insider much more useful, comprehensive, and fun for you.
  • M&A Terms
  • Venture Investor
    Institutional Venture Partners
  • Venture Investor
    RRE Ventures
  • Venture Investor
    Allen & Company
  • Venture Investor
    Lerer Ventures
  • Venture Investor
    Undisclosed