Care.com Inc. (NYSE:CRCM), an online marketplace for finding services to meet family needs, has bought e-commerce startup Citrus Lane.

The Mountain View, Calif-based target sold for $48.6 million total, including $22.9 million is in cash, $8.1 million is in equity, and $17.6 million in earn out payments of cash and equity over the next two years.

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.