LinkedIn has received another $22.7 million from three strategic partners, rather than venture capitalists, including SAP Ventures, Goldman Sachs and McGraw-Hill, with whom they have a partnership with regarding BusinessWeek.com.
The financing is part of a Series D round that the social network announced back in June when it raised $53 million led by Sequoia Capital and Bain Capital Ventures.
CEO Dan Nye told the Wall Street Journal that company “wants to ‘have the strongest balance sheet possible’ to make acquisitions, among other moves.”
