Yelp securing a huge investment from Elevation Partners
Yelp , fresh off of leaving Google at the altar, is closing a hefty fifth round of financing from Elevation Partners
, say multiple sources. The deal isn’t closed yet, says one source, but the guys at Elevation Partners have been telling friends that it’s a done deal.
The size of the rounds is in the $50 million range, but includes both a primary investment component as well as a secondary offering for long time employees. Read more at www.techcrunch.com



