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ReachLocal Sets IPO Pricing Range

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Woodland Hills-based ReachLocal has updated its IPO pricing range, indicating this week in an updated S-1 that it expects the initial pricing of its IPO to be between $17.00 in funds. The firm is venture backed by VantagePoint Venture Partners, Rho Ventures, Galleon Group, European Founders Fund, and others.

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ReachLocal Prices IPO At $13.00 Per Share

socalTECH

Woodland Hills-based ReachLocal priced its IPO last night at $13.00 The IPO pricing was significantly below the estimated $17.00 ReachLocal was venture backed by VantagePoint Venture Partners, Rho Ventures, Galleon Group, European Founders Fund, and others. Tags: reachlocal merger acquisition rloc.

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BlackLine's Early Investors Eye Liquidity

socalTECH

Some of the early investors in Woodland Hills-based accounting software developer BlackLine are looking for some liquidity from their investments, more than a year since BlackLine's October 2016 IPO, and plan to sell around 4,500,000 shares of their stock. The company is not selling any stock with the offering. READ MORE>>.

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ReachLocal Up 15 Percent After IPO

socalTECH

Woodland Hills-based ReachLocal , which helps small and local businesses place Internet advertising, was up 15.2 per share, after pricing below its initial offering range on Wednesday evening, and had traded as high as $15.26 Tags: reachlocal advertising small business exit merger acquisition. during the day. READ MORE>>.