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Herndon-Based YaSabe Lands $2.7 Million in Seed Funding

YaSabe, a Herndon-based provider of local and mobile search services for U.S. Hispanics, said on Monday it has raised $2.7 million in seed funding, which the company will use to bolster product development and marketing, as well as to forge new business partnerships. 500 Startups, the Center for Innovative Technology's Gap Fund and Militello Capital co-led the round, which also included participation from NEA founder Frank Bonsal; Sol Trujillo, the former CEO of US West; and Brightstar. YaSabe's site provides bilingual information about local merchants and service providers, as well as special offers and classified ads focused on Latin culture and community.

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