San Francisco-based Cleo, which helps provide a family support system for working parents, announced it raised a $27.5 million Series B round from New Enterprise Associates and angel investors that include former Yahoo CEO Marissa Mayer, LinkedIn CEO Jeff Weiner, Levi Strauss CEO Chip Bergh, Box CEO Aaron Levieand former GE CEO Jeff Immelt. The company, founded in 2016, has an all-women board that consists of the CEO Shannon Spanhake, Greylock Partners Partner Sarah Guo (who led the Series A) and NEA Partner Vanessa Larco (who led the Series B).
