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In August 2004, LinkedIn reached 1 million users. In late 2003, Sequoia Capital led the Series A investment in the company. The company was founded in December 2002 by Reid Hoffman and the founding team members from PayPal and (Allen Blue, Eric Ly, Jean-Luc Vaillant, Lee Hower, Konstantin Guericke, Stephen Beitzel, David Eves, Ian McNish, Yan Pujante, Chris Saccheri). History Founding (2002) to 2011 įormer LinkedIn headquarters on Stierlin Court in Mountain View, California LinkedIn filed for an initial public offering in January 2011 and traded its first shares in May, under the NYSE symbol "LNKD". Based in the United States, the site is, as of 2013, available in 24 languages. Īccording to The New York Times, US high school students are now creating LinkedIn profiles to include with their college applications. Since January 2011 the company had received a total of $103 million of investment. LinkedIn reached profitability in March 2006.
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It was funded by Sequoia Capital, Greylock, Bain Capital Ventures, Bessemer Venture Partners and the European Founders Fund.
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Reid Hoffman, founder of LinkedIn, is chairman of the board. Jeff Weiner, previously CEO of LinkedIn, is now the Executive Chairman. In May 2020, the company had around 20,500 employees.
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As of February 2022, LinkedIn has 830+ million registered members from over 200 countries and territories. Since December 2016, it has been a wholly owned subsidiary of Microsoft. From 2015 most of the company's revenue came from selling access to information about its members to recruiters and sales professionals.
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Launched on May 5, 2003, the platform is primarily used for professional networking and career development, and allows job seekers to post their CVs and employers to post jobs. LinkedIn ( / l ɪ ŋ k t ˈ ɪ n/) is an American business and employment-oriented online service that operates via websites and mobile apps.
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