Investors Flock to Web Networking Sites

Well, LinkedIn has got $10 million in funding…the investment was led by Greylock.

LinkedIn also announced the recent addition of 14 angel investors, including Marc Andreessen, co-founder of Netscape and chairman of Opsware, Joe Kraus, co-founder of Excite, Josh Kopelman, founder of Half.com, and Peter Thiel, co-founder of PayPal.

The latest cash infusion should be enough to ensure the Mountain View-based company’s survival for at least another 18 months, said Reed Hoffman, LinkedIn’s CEO.

Other networking sites that have attracted significant funding include Palo Alto-based Spoke Software Inc., with investments totaling nearly $21 million, and San Francisco-based Tribe Networks, which has raised $4.8 million.

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