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.
At that valuation, the Seattle-based company is worth about three times as much as publicly traded Angie’s List Inc., an online subscription-based marketplace that connects consumers with service providers.
Avvo attracts more than ...
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