Care.com, the website for finding nannies, pet sitters, and caretakers for the elderly, has raised $50m in late-stage venture capital funding, bringing the five-year old company’s total financing to $111m.
Sheila Lirio Marcelo, founder and chief executive, said she would use the money to support the Massachusetts-based company’s international expansion efforts. Read more
The mobile phone is emerging as the technology winner in the Olympics, with more and more stats to show that this is how vast numbers of people are finding out information about the games.
Google published some data on Tuesday showing that Olympics-related searches over mobile phone increased 10-fold in the first week of the games, and mobile is trumping any other technology at key moments. Read more