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
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