“My source didn’t know any of the details beyond the amount,” Techcrunch Anthony Ha reports, “…that’s an impressive price for a young startup that raised a $1.8 million Series A (from Highland Capital, Andreessen Horowitz, and others) less than a year ago. (It was also incubated at StartX.)”
Yahoo is currently declining to comment, but regardless, this falls right in line with Mayer’s acquisition-happy behavior as the new CEO of the portal giant, so it should come to no surprise to anyone.
Mayer’s new hashtag: #swingforthefences.