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April 5, 2013 06:21 pm GMT

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

Image (1) bezos.jpg for post 73518Jeff 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 -- and it has also been noted in an update today on BI's Crunchbase profile. Other investors 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.

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

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