Meebo Seeks Big Money

Meebo is trying to raise $25 million to $30 million at a nose-bleed valuation of between $200 million and $250 million, according to VentureBeat. This is quadruple its valuation from its previous round of between $60 million to $70 million last year. The Mountain View, Calif.- based Meebo has hired a San Francisco bank Montgomery & Co. to shop the deal.