Legal Website Avvo Valued at $650 Million in Funding Round
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Avvo Inc., an online directory for finding and rating lawyers, raised $71.5 million in a funding round led by Technology Crossover Ventures, to add products and boost marketing and hiring.
The financing values the Seattle-based startup at about $650 million, said people with knowledge of the matter, who asked not to be identified because the figures aren’t public. The round brings total funding for Avvo to $132 million.