Tech Company Financing Transactions
Business Insider Funding Round
Business Insider closed a $12 million funding round on 3/5/2014. Investors included Amazon and private investors.
Transaction Overview
Company Name
Announced On
3/5/2014
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Undisclosed
Investors
private investors (Jeffrey Bezos)
Proceeds Purpose
The site plans to use the money for growth efforts including hiring more journalists and photographers as well as to help finance a launch into the U.K.
Company Information
Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
119 5th Ave. 700
New York, NY 10003
USA
New York, NY 10003
USA
Phone
Website
Email Address
Not Recorded
Overview
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Kevin Ryan
Chief Executive Officer
Henry Blodgett
Co-Founder
Dwight Merriman
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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