Jeff Bezos Leads $5 Million Investment In Henry Blodget's Business Insider Blog Network

Jeff Bezos, founder and CEO of Amazon, is leading a new $5 million investment in Business Insider, the blog network founded by Henry Blodget that focuses on business, tech and other news. The investment was mentioned in an internal memo from Blodget to staff -- published by BI itself.?Other investors in this round include RRE Ventures and Institutional Venture Partners, notes Bloomberg. This brings the total investment in Business Insider, which has some 15 million monthly visitors worldwide, up to $18.6 million since 2008.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/6M4rkI6X3as/

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