Term Sheet

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Care.com adds $25 million

October 12, 2011: 11:19 AM ET

Care.com, an online marketplace for family care services, has raised $25 million in new venture capital funding.

The round was disclosed in a regulatory filing. No new investor information was disclosed, although Victor Pascucci, head of corporate development at insurance company USAA, is listed as a new board member.

Returning investors include Matrix Partners, New Enterprise Associates and Trinity Ventures. Care.com, whose subscription-based service covers everything from babysitting to elder care to pet-care (all of which can come with background checks), had previously raised $25.5 million since 2007.

I've put in calls to both USAA and Care.com, and will update this post if I hear back. [Update: USAA confirms that it invested in the round]

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About This Author
Dan Primack
Dan Primack
Senior Editor, Fortune

Dan Primack joined Fortune.com in September 2010 to cover deals and dealmakers, from Wall Street to Sand Hill Road. Previously, Dan was an editor-at-large with Thomson Reuters, where he launched both peHUB.com and the peHUB Wire email service. In a past journalistic life, Dan ran a community paper in Roxbury, Massachusetts. He currently lives just outside of Boston.

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