Tech Company Financing Transactions

Business Insider Funding Round

Business Insider closed a $7 million venture capital round on 9/22/2011. Investors included IVP, Allen & Company and Lerer Hippeau.

Transaction Overview

Company Name
Announced On
9/22/2011
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Undisclosed
Investors

IVP (Lead Investor) (Todd Chaffee)

Allen & Company

Lerer Hippeau

RRE Ventures (Stu Ellman)

Proceeds Purpose
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.

Company Information

Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
119 5th Ave. 700
New York, NY 10003
USA
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
Business Insider LinkedIn Company Profile
Social Media
Business Insider Company Twitter Account
Company News
Business Insider News
Facebook
Business Insider on Facebook
YouTube
Business Insider on YouTube

Management Team

Title
Name
Email & Social
Chairman
Kevin Ryan
  Kevin Ryan LinkedIn Profile  Kevin Ryan Twitter Account  Kevin Ryan News  Kevin Ryan on Facebook
Chief Executive Officer
Henry Blodgett
  Henry Blodgett LinkedIn Profile  Henry Blodgett Twitter Account  Henry Blodgett News  Henry Blodgett on Facebook
Co-Founder
Dwight Merriman
  Dwight Merriman LinkedIn Profile  Dwight Merriman Twitter Account  Dwight Merriman News  Dwight Merriman on Facebook


 

 

Browse more venture capital transactions:

Prev: 9/22/2011: Aventura venture capital transaction
Next: 9/22/2011: HydroPoint Data Systems venture capital transaction

 

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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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