Elevation Partners

Elevation Partners

  • Suite 160
  • Menlo Park, California
  • 94025

Website Links

Description

Yelp Receives Investment From Elevation Partners Elevation Commits Up to $100 Million Co-founder Marc Bodnick Joins Yelp Board of Directors SAN FRANCISCO, Jan. 27 -- Yelp (http://www.yelp.com), the community-led local search site, today announced that private equity firm Elevation Partners has agreed to make a $25 million investment in Yelp through the purchase of Series E preferred stock. Elevation Partners will also seek to increase its total investment in Yelp to $100 million through a planned purchase of shares from vested employees and other eligible shareholders. The details of the offer to purchase are expected to be announced to qualified participants in the near future. Full News Release (PDF) , January 27, 2010 FORMER APPLE SOFTWARE CHIEF AVIE TEVANIAN JOINS ELEVATION PARTNERS MENLO PARK, Calif.

Products & services

Similar companies nearby