Apparently SAP, Goldman Sachs, Bessemer Venture Partners, and McGraw Hill believe that relationships DO matter.  Or at least back in June they did.  The four companies invested $22.7 million on top of the $53 million LinkedIn received this past June.  The total $75.7 million Series D investment is based on a $1 billion valuation.   

To date, LinkedIn has raised over $100 million for their professional social network service.  LinkedIn has about 370 employees and their revenues are growing 100% per year.  LinkedIn CEO Dan Nye informed TechCrunch that the company has been profitable since 2006.  

LinkedIn has about 30 million registered users.  LinkedIn receives over 4 million uniques per month.  The previous investors of the $53 million were Bain Capital Ventures, Sequoia Capital, Greylock Partners and Bessemer Venture Partners.

Demand Media Inc. is a Santa Monica, Calif. based company that was founded by Richard Rosenblatt. Roseblatt was the former President of Intermix Media, parent company of MySpace. News Corp.’s Fox Interactive Media became the part company of MySpace when they acquired Intermix.

The company has raised a 3rd round of funding at $100 million by investment banking company, Goldman-Sachs. The previous investors include 3i Group, Generation Partners, Oak Investment Partners, and Spectrum Equity Partners [Source: alarm:clock]. Demand Media has raised a total of $320 million as of now.

So what does Demand Media actually do?

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Veoh is a video content website that serves home videos and internet TV content. As of earlier, the third round of funding was tentative, but has been finalized today. The investors that are plugging $25 million into Veoh includes Tom Freston (former CEO of Viacom), Goldman Sachs Group Inc. (NYSE:GS), Spark Capital, Shelter Capital Partners, Time Warner Investments, Michael Eisner’s The Tornante Company, Jonathan Dolgen (former Chairman/CEO of Viacom), and Ziffrin law firm.

In June, Veoh launched VeohTV, a special video browser and with DVR technology that has a patent-pending smart recommendation engine embedded in the service. The address for VeohTV is www.veoh.tv.

Steve Mitgang recently started as Veoh’s CEO. Mitgang came to Veoh from Yahoo!, where he served as the SVP of Yahoo!’s global team where he helped manage the Panama project. When Yahoo! bought Overture, a web analytics company, it also acquired Keylime Software, where Mitgang was CEO.

References:
[1] paidContent.org: Eisner-Backed Video Site Veoh Raises $25 Million; Tom Freston Invests