Tech Company Financing Transactions
Business Insider Funding Round
Business Insider, based in New York, secured $3 million from RRE Ventures, Allen & Company and private investors.
Transaction Overview
Company Name
Announced On
7/28/2010
Transaction Type
Venture Equity
Amount
$3,000,000
Round
Undisclosed
Investors
Proceeds Purpose
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.
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
Browse more venture capital transactions:
Prev: 7/28/2010: Dashwire venture capital transaction
Next: 7/28/2010: Philo Media venture capital transaction
Share this article
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.
Additional Resources for Entrepreneurs