What is LinkedIn?
Founded in 2002, LinkedIn operates with the vision of creating economic opportunity for every member of the global workforce. The platform serves as a vital tool for professionals to connect, share insights, and advance their careers, while also providing businesses with solutions for hiring, marketing, and sales. LinkedIn's 'Economic Graph' initiative aims to map the global economy, identifying trends and opportunities to foster productivity and success for its over 300 million members worldwide. Headquartered in Mountain View, California, the company has established a global footprint with offices around the world.
How much funding has LinkedIn raised?
LinkedIn has raised a total of $527.6M across 8 funding rounds:
Series A
$4.7M
Series B
$10M
Series C
$12.8M
Series D
$53M
Series E
$22.7M
Other Financing Round
$51.6M
Corporate Investment
$20M
Stock Offering
$352.8M
Series A (2003): $4.7M with participation from Steamboat Ventures
Series B (2004): $10M led by Peter Thiel, Steamboat Ventures, Greylock Partners, Josh Kopelman, Marc Andreessen, and Joe Kraus
Series C (2007): $12.8M supported by Bessemer Venture Partners and European Founders Fund
Series D (2008): $53M featuring Bessemer Ventures, Greylock Partners, Steamboat Ventures, and Bain Capital Ventures
Series E (2008): $22.7M backed by Goldman Sachs, Bessemer Venture Partners, SAP, and McGraw-Hill
Other Financing Round (2009): $51.6M with participation from TriplePoint Venture Growth BDC
Corporate Investment (2010): $20M led by TriplePoint Venture Growth BDC
Stock Issuance/Offering (2011): $352.8M supported by Undisclosed
Key Investors in LinkedIn
Greylock Partners
Greylock Partners, a venerable venture capital firm established in 1965, focuses on early-stage technology companies across sectors like consumer internet, enterprise software, and AI. They have a track record of backing market-defining businesses.
Steamboat Ventures
Steamboat Ventures, founded in 2000, specializes in early to growth-stage technology, media, and consumer companies, aiming to help them become market leaders and create lasting value.
Bessemer Venture Partners
Bessemer Venture Partners, with a history dating back to 1911, is a venture capital firm that invests in technology companies across various stages, known for its long-standing presence in the investment landscape.
What's next for LinkedIn?
With a history of significant capital infusion, LinkedIn is strategically positioned for continued expansion and innovation. The company's focus on building the Economic Graph suggests a long-term commitment to leveraging data analytics and network effects to drive value for its users and enterprise clients. Future developments are likely to center on enhancing professional development tools, expanding recruitment solutions, and deepening its market penetration in key global regions. The ongoing investment in its platform indicates a trajectory aimed at solidifying its position as the preeminent global professional network.
See full LinkedIn company page
