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August 8, 2005

Indeed.com Gets Funding from The NY Times

Last Friday, I posted that job search vertical SimplyHired.com received some funding from angel investors. Today, News.com reports that Indeed.com (another job search vertical) has received a $5 million investment from the New York Times, Union Square Ventures, and Allen & Company.

This is yet another Internet investment from the NY Times. In February/March they purchased About.com for $410 million in cash.

Posted by Gary Price at August 8, 2005 3:22 PM