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  &lt;p&gt;LinkedIn's network currently has 9m users,&#160;while&#160;it claims to be adding around 100,000 new ones every week. &lt;/p&gt;
  &lt;p&gt;It&#160;has predicted that it will&#160;earn revenues of up to $100m (&#163;51m)&#160;in 2008 - through advertising, subscriptions and job listings. Its turnover was around $10m&#160;(&#163;5.1m) last year. &lt;/p&gt;
  &lt;p&gt;LinkedIn said it intends to use the capital to launch new services, such as the &lt;a href="/blog/683-connected-questions-from-linkedin-pros"&gt;recently launched LinkedIn Answers,&lt;/a&gt; and to expand its presence in Europe, where it faces competition from other networks, such as &lt;a href="/blog/637-web-2-0-company-xing-raises-eur35-7-million-in-ipo"&gt;German business network Xing. &lt;/a&gt;&lt;/p&gt;
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  &lt;Paragraph&gt;LinkedIn's network currently has 9m users,&#160;while&#160;it claims to be adding around 100,000 new ones every week. &lt;/Paragraph&gt;
  &lt;Paragraph&gt;It&#160;has predicted that it will&#160;earn revenues of up to $100m (&#163;51m)&#160;in 2008 - through advertising, subscriptions and job listings. Its turnover was around $10m&#160;(&#163;5.1m) last year. &lt;/Paragraph&gt;
  &lt;Paragraph&gt;LinkedIn said it intends to use the capital to launch new services, such as the &lt;Link URL="/blog/683-connected-questions-from-linkedin-pros" Window="New"&gt;recently launched LinkedIn Answers,&lt;/Link&gt; and to expand its presence in Europe, where it faces competition from other networks, such as &lt;Link URL="/blog/637-web-2-0-company-xing-raises-eur35-7-million-in-ipo" Window="New"&gt;German business network Xing. &lt;/Link&gt;&lt;/Paragraph&gt;
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  <created-at type="datetime">2007-01-29T10:01:00+00:00</created-at>
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  &lt;p&gt;
    &lt;strong&gt;Business social network LinkedIn has raised $12.8m (&#163;6.5m) in a third round of funding, led by Bessemer and the European Founders Fund. &lt;/strong&gt;
  &lt;/p&gt;
  &lt;p&gt;The move&#160;brings the total invested in &lt;a href="http://www.linkedin.com/home?trk=logo"&gt;LinkedIn&lt;/a&gt;&#160;to more than $26m (&#163;13.2m), and valued the company&#160;at $250m (&#163;127m).&lt;/p&gt;
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    &lt;Emphasis&gt;Business social network LinkedIn has raised $12.8m (&#163;6.5m) in a third round of funding, led by Bessemer and the European Founders Fund. &lt;/Emphasis&gt;
  &lt;/Paragraph&gt;
  &lt;Paragraph&gt;The move&#160;brings the total invested in &lt;Link URL="http://www.linkedin.com/home?trk=logo" Window="New"&gt;LinkedIn&lt;/Link&gt;&#160;to more than $26m (&#163;13.2m), and valued the company&#160;at $250m (&#163;127m).&lt;/Paragraph&gt;
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  <learn-more-formatted>&lt;p&gt;For background on online PR and social media more generally, It's worth reading our (free to registered users) &lt;strong&gt;&lt;a href="http://econsultancy.com/reports/online-pr-and-social-media-trends-briefing"&gt;Social Media Trends Briefing&lt;/a&gt;&lt;/strong&gt; (June 2009). Econsultancy has also published &lt;strong&gt;&lt;a href="http://econsultancy.com/reports/social-media-and-online-pr-digital-marketing-template-files"&gt;Social Media and Online PR Template Files&lt;/a&gt;&lt;/strong&gt;, which you can adapt and use for your own projects. For innovation in this space, download our &lt;strong&gt;&lt;a href="http://econsultancy.com/reports/innovation-report"&gt;Innovation Report&lt;/a&gt;&lt;/strong&gt;.&lt;/p&gt;</learn-more-formatted>
  <learn-more-unformatted>&lt;p&gt;For background on online PR and social media more generally, It's worth reading our (free to registered users) &lt;strong&gt;&lt;a href="http://econsultancy.com/reports/online-pr-and-social-media-trends-briefing"&gt;Social Media Trends Briefing&lt;/a&gt;&lt;/strong&gt; (June 2009). Econsultancy has also published &lt;strong&gt;&lt;a href="http://econsultancy.com/reports/social-media-and-online-pr-digital-marketing-template-files"&gt;Social Media and Online PR Template Files&lt;/a&gt;&lt;/strong&gt;, which you can adapt and use for your own projects. For innovation in this space, download our &lt;strong&gt;&lt;a href="http://econsultancy.com/reports/innovation-report"&gt;Innovation Report&lt;/a&gt;&lt;/strong&gt;.&lt;/p&gt;</learn-more-unformatted>
  <legacy-article-id type="integer">362555</legacy-article-id>
  <name>LinkedIn targets Europe after new funding round</name>
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  <published-at type="datetime">2007-01-29T10:46:00+00:00</published-at>
  <slug>linkedin-targets-europe-after-new-funding-round</slug>
  <tweetbacks-updated-at type="datetime">2009-04-30T04:30:35+01:00</tweetbacks-updated-at>
  <unpublished-at type="datetime" nil="true"></unpublished-at>
  <updated-at type="datetime">2009-10-13T08:50:58+01:00</updated-at>
  <views-count type="integer">184</views-count>
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