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
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
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.
Management Team
Title
Name
Email & Social
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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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