Caregiver portal Care.com announced today that it’s raised $50 million in new funding.
Care.com connects families to caregivers, giving them easy access to people who can help them take care of their kids, elders, pets, and homes.
The site already has 7 million members in over 15 countries. In April, Care said that over a million American caregivers had created accounts on the site. The company makes a good bit of its cash by charging families a one-time fee for access to its database of caregivers. Membership is also a part of Care.com’s WorkPlace solutions program, which is aimed at the employees of big companies (including their CEOs).
Care has been on a big international expansion this year: In April, it launched its UK arm and last month it scooped up Besser Betreut, Europe’s largest care portal. While the company didn’t say what it plans to do with the new funding, it’s likely that the cash will allow it to continue this growth abroad.
The latest funding round was led by Institutional Venture Partners (IVP) and supported by Matrix Partners, New Enterprise Associates and Trinity Ventures, and others. Along with the funding, IVP’s Sandy Miller is joining Care.com’s board of directors.
Founded in 2006 by CEO Sheila Lirio Marcelo, the Boston-based company previously raised $61, bringing the company’s total funding to $111 million.
This article originally appeared on VentureBeat
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