VC-backed Care.com files for IPO

Care.com has filed for an IPO. The number of shares the company will be selling has not been set; however, some outlets report that Care.com plans to raise $80 million for the IPO. Morgan Stanley, BofA Merrill Lynch and J.P. Morgan will serve as lead underwriters. Based in Waltham, Mass., Care.com is an online care marketplace. Its backers include Matrix Partners, Trinity Ventures and Institutional Venture Partners.

13 December 2013•2 mins read
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