New York – Business Insider, a publisher of online business
news and commentary, announced on Wednesday that it has raised about $3 million
in new financing.

Investors included RRE Ventures and previous backers Allen
& Co., Kohlberg Ventures, Pilot Group, Marc Andreessen, Gordon Crovitz and
Ken Lerer.

New York-based Business Insider’s online publications include
Silicon Alley Insider, Clusterstock and The Wire, which collectively draw 3.8
million monthly unique visitors.

The company, which launched three years ago,
said it will use the funds to expand its newsroom; do more original reporting;
and to launch new industry verticals, international editions and a professional
research service.


Related Links:


  1. There are also other types of databases which cannot be classified as relational databases. Most notable is the object database management system, testking 640-802 which stores language objects natively without using a separate data definition language and without translating into a separate storage schema.