Business Insider Garners $3,000,000 New Funding

  • Feed Type
  • Date
    7/28/2010
  • 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
    $3,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    This capital will help us continue to expand the site and bring you many of the things you have been asking for–and faster than we would be able to develop them under our own power.
  • M&A Terms
  • Venture Investor
    RRE Ventures
  • Venture Investor
    Allen & Company
  • Venture Investor
    Kohlberg Ventures
  • Venture Investor
    Pilot Group
  • Venture Investor
    Individual Investor

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