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April 25, 2011 08:52 pm GMT

Another Y Combinator Win: WuFoo Exits For $35 Million, After Raising Only $118,000

Online forms are not sexy, but every Website that wants to collect information or payments from visitors needs them. Today, SurveyMonkey acquired online form maker WuFoo to its growing bevy of tools for $35 million in cash and stock. I've confirmed the price with a source. What's really great about this story is that WuFoo is another Y Combinator win. The startup launched way back in 2006 with only $118,000 in angel money (Paul Bucheit, who is now a partner at Y Combinator, was one of the investors). The company never needed to raise money again. It added payment processing options a couple years later, and now more than $100 million in transactions have been processed through its forms.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/XI9YEQYtSgw/

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