A Second Round of Investments at Business Insider Nets Henry Blodget $3 Million Dollars

Henry Blodget has raised “about $3 million” in his second round of venture capital funding. The Business Insider proprietor and $20 bill man announced in a post this morning that he plans to launch more verticals, an international edition and a professional research service, while expanding his newsroom and doing more original reporting. Most of the money comes from RRE Ventures, and Mr. Blodget continues to enjoy the support of early investors Ken Lerer, Gordon Crovitz and Allen & Co, among others. Mr. Blodget wrote that he has spent $2.7 million running the site since it launched three years ago.