General World News

Dog walking startup Wag got a whopping $300 million from SoftBank and hired a new CEO

Hilary Schneider

  • Japanese telecom giant SoftBank has invested $300 million in dog-walking startup Wag.
  • Additionally, Hilary Schneider, who most recently led LifeLock through its $2.3 billion sale to Symantec in 2016, is taking over as Wag’s CEO.
  • Schneider is replacing Wag cofounder Josh Viner as CEO. However, Viner will stay involved with the company, as will his brother and cofounder Jon Viner.

Dog-walking-on-demand startup Wag is getting a new CEO and a big infusion of cash.

On Tuesday, the company announced it’s received a $300 million investment from Japanese telecom giant SoftBank. It also announced that veteran tech executive Hilary Schneider will read more >>>

Source:: BusinessInsider.Com