Yello says 'hello' to $47.2M in convertible debt and $4B valuation
December 15, 2015
Mobile-business platform Yello Mobile has reportedly secured $47.2 million in convertible debt as part of a round that values the company at $4 billion; existing investor Formation 8 led the financing. This news comes about a year after the company raised a $100 million round at a reported $1 billion valuation. Yello Mobile offers its users a variety of mobile apps that span categories such as shopping, media, travel and offline-to-online platforms.