LinkedIn Invests in Virtual Platform Hopin for Bet on Future of Remote Meetings

Hopin announced today that LinkedIn had become an investor in the company, an investment that has come through its oversubscribed Series C secondary round. According to CNBC, LinkedIn purchased under $50 million worth of shares from existing shareholders at the same $5.65 billion valuation.

While $50 million is by no means a small investment, the potential of a Hopin-LinkedIn partnership will undoubtedly raise many more eyebrows in the event industry.

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