$20M for Care.com

Care.com, a Waltham, MA-based firm that operates a website for rating family care services such as babysitters, tutors, and senior care providers, said today it has brought in $20 million in funding. New Enterprise Associates led the financing, which included return backers Matrix Partners and Trinity Ventures. Founded in 2006, Care.com provides ratings on various service providers, background check reports, and additional information to help people make informed decisions about who they hire to take care of their kids, elderly parents, pets, and homes, among other things.

Author: Ryan McBride

Ryan is an award-winning business journalist who contributes to our life sciences and technology coverage. He was previously a staff writer for Mass High Tech, a Boston business and technology newspaper, where he and his colleagues won a national business journalism award from the Society of American Business Editors and Writers in 2008. In recent years, he has made regular TV appearances on New England Cable News. Prior to MHT, Ryan covered the life sciences, technology, and energy sectors for Providence Business News. He graduated with honors from the University of Rhode Island in 2001 with a bachelor’s degree in communications. When he’s not chasing down news, Ryan enjoys mountain biking and skiing in his home state of Vermont.