Business Insider has raised $12 million

Posted Mar 5, 2014

Business Insider, a popular business and tech blog, has raised $12 million in funding led by CEO Jeff Bezos with participation from existing investors Institutional Venture Partners, RRE Ventures, and Gordon Crovitz. Business Insider has now raised a total of $30 million in the last 7 years. Business Insider is rumored to have turned down a $100 million offer from AOL last year.
[Source: ReCode]