Elevation Announces Yelp Investment
Elevation Partners has agreed to invest up to $100 million into Yelp, a San Francisco-based local search and review site. This includes an initial investment of $25 million in Series E stock, with the remainder to come via a planned purchase of shares from vested employees and other shareholders. Yelp previously raised around $31 million, from firms like Benchmark Capital, Bessemer Venture Partners and DAG Ventures.
27 January 2010•3 mins read
