Rover Raises $125 Million as Dog-Sitting War Heats Up

T. Rowe Price leading round at roughly $970 million valuation

First there was the ride-sharing war. Now comes the doggy day-care fight.

Dog-sitting specialist A Place for Rover Inc., better known as Rover, is raising $125 million in fresh equity funding, along with $30 million of debt, to keep its operation growing.

That comes a few months after rival Wag Labs Inc. raised $300 million of new funding.

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