Henry Blodget’s Business Insider just raised another $12 million led by Amazon head Jeff Bezos. “The site plans to use the money for growth efforts including hiring more journalists and
photographers, as well as to help finance a launch into the U.K.,” The Wall Street Journal reports. “The money will also go to expanding the site's subscription research and advertising
staff.” Sources tell WSJ that Business Insider banked about $20 million in revenue, last year -- an 80% increase over 2012.
Read the whole story at The Wall Street Journal »
