Plaxo for Sale?

Plaxo Inc., a Mountain View, Calif.-based social networking company that helps users keep their online address books updated, has retained Revolution Partners to advise on a possible sale, according to The New York Times. The asking price is upwards of $100 million. Plaxo has raised around $23 million in VC funding since 2002, from firms like Sequoia Capital, Globespan Capital Partners, DAG Ventures, Cisco Systems and Harbinger Venture Management.