Yext Raises $27M More At A $270M Valuation

Yext, a company that helps local businesses synchronize their listings across 50 different sites, just announced that it has raised $27 million in Series E funding. Yext did not provide a valuation, but a source close to the company tells me that it was $270 million. The round was led Marker, a new fund launched by Rick Scanlon, founder of Crescent Point Capital Group. CrunchFund (whose investor AOL owns TechCrunch) also participated, as did past investors Sutter Hill Ventures, Institutional Venture Partners, and WGI Group.

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