Filed in archive Venture Capital by tj on November 12, 2003

My favorite social software tool for business has managed to participate in the funding boom started by Friendster. LinkedIn received $4.7 million from Sequoia Capital.
LinkedIn still seems to grow exponentially:

"Since LinkedIn is already facilitating over 1,000 successful referrals per month and is doubling in size every six weeks..."

Surprisingly LinkedIn positions itself nowadays more as a tool of the future for Hiring services. Something I couldn't learn before.

"Over 20,000 hiring managers have already signed up for LinkedIn. The referral system ensures that they can only be approached by candidates who come recommended by someone they already know and trust."

Related Entries:

new ways of typing - 30 July 2003
jamdat receives funding - 04 December 2003
the thrill to be a serial entrepreneur - 15 December 2003
dotphoto receives funding - 08 January 2004
ringtones all over - 11 June 2004
AgileTV receives $22 Million in Funding - 25 May 2005
LinkedIn: Get Connected to Other Entrepreneurs - 04 January 2007
Seen that? - LinkedIn Offers New Subscription Options - 08 January 2010

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