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In June 2008, Sequoia Capital, Greylock Partners, and other venture capital firms purchased a 5% stake in the firm for $53 million, giving the organization a post-funds valuation of around $1 billion. In November 2009, LinkedIn opened its workplace in Mumbai and quickly thereafter in Sydney, as it began its Asia-Pacific team expansion. In October of that year, Silicon Valley Insider ranked the enterprise No. 10 on its Top rated one hundred List of most useful startups.
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