YaSabe receives $2.7 million investment

Herndon-based YaSabe has collected $2.7 million from investors to continue building a search engine that caters to Spanish speakers.

 The company, whose name means “now you know” in Spanish, provides local business information, classified advertising, job listings and coupons in both English and Spanish.

“We take a multicultural approach to this audience and provide users with high-quality, culturally-relevant content and the ability to participate in the social dialog within the Latino community,” chief executive Zubair Talib said in a statement. 

For example, the YaSabe job board displays openings for bilingual speakers. A search on  YaSabe for restaurants in Washington generates results and special offers in 16 categories of Latin cuisine, as well as listings for non-Latin food.  

Investors in the round include 500 Startups, the Center for Innovative Technology’s Gap Fund and Militello Capital, along with New Enterprise Associates co-founder Frank Bonsal, former US West chief executive Sol Trujillo and Brightstar, a specialized wireless distributor and services company. 

Steven Overly is a national reporter covering federal technology and energy policy with a focus on Capitol Hill. He previously covered the business of technology, biotechnology and venture capital.

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