ReachLocal Acquired By Gannett For $156M
JUNE 27, 2016
Woodland Hills-based ReachLocal is being acquired by publishing giant Gannett Co. , in a deal worth approximately $156M, the two companies said on Monday afternoon. ReachLocal said Gannett would pay $4.60 per share in cash for the company. READ MORE>>.
ReachLocal Names New CEO
APRIL 2, 2014
Wooland Hills-based ReachLocal said this morning that it has named Sharon Rowlands as the company''s new Chief Executive Officer, as well as a member of the company''s board of directors. ReachLocal has been on the prowl for a new CEO since September, when founder and CEO Zorik Gordon suddenly departed the company.
ReachLocal Strengthens Ties To Google
OCTOBER 26, 2011
Woodland Hills-based ReachLocal , the online marketing firm which helps small and medium sized businesses place online ads, has strengthened its ties into Google AdWords today, saying it has been added to the Google AdWords Premier SMB Partner (PSP) Program. partner business medium small online advertising adwords google reachlocal
ReachLocal Opens Three New Offices
SEPTEMBER 22, 2011
Woodland Hills-based ReachLocal , the provider of local online marketing services to small and medium sized businesses run by Zorik Gordon, said this morning that it continues to expand its presence with the opening of three new offices. ReachLocal has an extensive local presence, which has been the keystone of the firm's business expansion.
ReachLocal Names Two Executives
MARCH 2, 2015
Woodland Hills-based ReachLocal said Monday that it has named two new executives, hiring Paras Maniar as the company''s new Chief Strategy Officer, and Megan Opp as the company''s new Chief People Officer. The new hires come as ReachLocal has been building up a new executive team, headed by new CEO Sharon Rowlands.
ReachLocal Expands To 54 Offices
JUNE 13, 2011
Woodland Hills-based ReachLocal , the provider of online advertising and marketing services to small and medium-sized businesses, said today that it has opened up several new local sales offices, bringing its total to 54 offices. reachlocal marketing advertising online businessREAD MORE>>.
ReachLocal Expands in Amsterdam
NOVEMBER 10, 2011
Woodland Hills-based ReachLocal , the provider of services to help small and medium sized businesses advertise online, said Thursday that it has opened up a new office in Amsterdam, Netherlands. ReachLocal said it now has over 800 consultants in North America, Australia and Europe serving over 18,000 advertisers. READ MORE>>.
Rent.com Snags Product Head From ReachLocal
JANUARY 12, 2012
According to recruiting firm NeoHire, Amanda McConnell has been hired as Head of Product for Rent.com, joining the company from ReachLocal, where she was Director of User Experience and Product Management. rent.com rent executive product reachlocalMcConnell has also previously served at Buzz Media, Tag World, and Oversee.net.
ReachLocal Revenues Grow On International Strength
FEBRUARY 15, 2012
Woodland Hills-based ReachLocal , the provider of local online marketing services to small and medium sized businesses, reported strong growth in its international revenues, in addition to continued revenue growth at the company. ReachLocal provides services that helps local advertisers place online advertising. READ MORE>>.
ReachLocal Looks To Buy Back $20M In Shares
NOVEMBER 4, 2011
Woodland Hills-based ReachLocal , the firm which helps small and medium sized businesses place online advertising, said today that it has approved a $20M, share repurchase program. reachlocal rloc local advertising share repurchaseThe firm is now trading near its 52 week low. READ MORE>>.
ClubLocal Debuts In Bay Area, As ReachLocal Ramps Services
JUNE 6, 2013
ClubLocal , the home services booking company which is owned by ReachLocal, said today tha tit has launched its services in the Bay Area. ClubLocal is part of a strategic move by ReachLocal to get more involved in the transactions between consumers and small and medium sized businesses. READ MORE>>.
ReachLocal Targets Back Office Operations
AUGUST 5, 2013
Woodland Hills-based ReachLocal , which provides online marketing services for local businesses, is further expanding the breadth of its business today, saying it has launched a new back-end office operations management product. reachlocal internet search marketing back office operations software READ MORE>>.
J.D. Power Snags Digital Media Vet From ReachLocal
JANUARY 20, 2011
Power and Associates , a market research firm, has snagged a ReachLocal veteran to establish a new, digital research team, the firm said today.
How Serviz Plans To Conquer The Home Services Industry
MAY 8, 2015
Both Zorik and Michael very successfully took ReachLocal from just a small startup to a large, public company. Zorik Gordon: We incubated this at ReachLocal, and spun it out in February of last year. You guys were running ReachLocal for many years�what lessons did you learn there that you are applying here? Thanks!
ReachLocal Acquires Division of New Zealand Company
MARCH 24, 2014
Woodland Hills-based ReachLocal , which helps run local, online marketing efforts for small and medium sized businesses, said today that it has acquired a divisio of a New Zealand company, the SME division of SureFire Search Limied. reachlocal zealand merger acquisition overseas international expansion online advertising small medium
ReachLocal Shuffles Board
DECEMBER 12, 2014
Woodland Hills-based ReachLocal is shuffling the makeup of its board of directors, saying late Thursday that it has added two new board members--Tom Hale and Larry Kutscher--to the body, replacing existing board members David Carlick and Robert Dykes. reachlocal executive board online marketinghomeaway travelclick READ MORE>>.
ReachLocal Expands Reporting Tools
DECEMBER 9, 2014
Woodland Hills-based online marketing services and software developer ReachLocal , which offers up its services to local businesses, said today that it has added a number of analytics and reporting tools to its platform. The company said the new tools will give customers information on ROI of their various online marketing efforts.
ReachLocal Raises $25M, As Losses Increase
MAY 6, 2015
Woodland Hills-based ReachLocal , the publicly held, online marketing provider for small and local businesses, said Tuesday that it has raised $25M in a term loan. The funding came from Herculus Technology Growth Capital, and comes as the company reported sharper losses and a significant dropoff in revenues. READ MORE>>.
ReachLocal Loses CEO, Founder
SEPTEMBER 3, 2013
In a huge shift, Zorik Gordon , the CEO and founder of Woodland Hills-based ReachLocal , has resigned, the company said this morning, and the company has launched a search for a new CEO. According to ReachLocal, Gordon has resigned to "pursue other entrepreneurial opportunities". READ MORE>>.
ReachLocal Expands In Brazil
NOVEMBER 26, 2012
Woodland Hills-based ReachLocal is continuing its international expansion, saying today that it has opened up its first, South American office, in Sao Paulo, Brazil. The firm said the new office expands the company into its eleventh country. ReachLocal provides help to local and small businesses to advertise their companies online.
ReachLocal Expands In Southeast Asia
AUGUST 1, 2013
Woodland Hills-based ReachLocal , the provider of online marketing services for small and medium-sized businesses, is expanding its reach in Southeast Asia. ReachLocal said that Webnatics will provide a trained, dedicated sales force focused on offering up its SMB products and services to local businesses in Singapore. READ MORE>>.
ReachLocal Swizzles Execs, Loses Co-Founder
NOVEMBER 6, 2013
The executive turmoil over at Woodland Hills-based ReachLocal continues, as the company said yesterday that President and co-founder Nathan Hanks has resigned as an officer and director of the company. Reason for Hanks'' resignation was not announced by ReachLocal, which is currently seeking a new CEO. READ MORE>>.
ReachLocal Open Sources Mobile App Development Framework
FEBRUARY 24, 2014
Woodland Hills-based ReachLocal , which offers up local, online marketing services for small and medium sized businesses, said this morning that it has released a chunk of software to the open source community, to help others develop cross-platform, mobile apps. The move looks to be ReachLocal''s first large scale, open source effort.
ReachLocal Names Chief Revenue Officer
AUGUST 6, 2012
Woodland Hills-based ReachLocal said this morning that it has named Josh Claman as its new Chief Revenue Officer. Claman joins the company from Dell, where he was most recently Dell's Vice President and General Manager of the Public and Large Enterprise Business in the Americas. READ MORE>>.
ReachLocal Debuts New SMB Marketing Software
SEPTEMBER 23, 2013
Woodland Hills-based ReachLocal has launched a new suite of products this morning, saying that it is looking to help small and medium sized businesses attract, capture, and convert more customers. reachlocal marketing software leads management launch advertising saas Pricing on the new tool was not announced. READ MORE>>.
ReachLocal Files For IPO
DECEMBER 22, 2009
Woodland Hills-based ReachLocal filed for an IPO this morning, saying that it is looking to raise up to $100M. Morgan, BofA Merrill Lynch, citi, Piper Jaffray, Needham & Company, and Broadpoint.Gleacher. Accoriding to ReachLocal, it had net income of $11.6M on revenues of $143M for the nine month ended September 30th.
ReachLocal Inks Alliance With Google In UK
JANUARY 28, 2009
ReachLocal said that it has become an "Authorised Reseller" of Google's AdWords in the UK, through its UK site, ReachLocal UK.
Demand Media Market Cap Huge, But Green Dot Still Bigger
JANUARY 27, 2011
The IPO this week of Santa Monica-based Demand Media has drawn widespread attention, with a number of articles yesterday talking about how the firm's market cap exceeded the New York Times Company after the IPO. RealD (RLD) was third with $1.27B in market cap, followed by ReachLocal (RLOC) with $630.6M. billion.
ReachLocal Partners With Yelp To Provide Home Service Bookings
AUGUST 6, 2013
Woodland Hills-based ReachLocal which provides online marketing services for small and medium sized businesses, has inked a major deal with Yelp , the two said Tuesday afternoon. Financial details of the link between the two companies was not announced. The deal gives Reachlocal access to 102 million monthly users on Yelp.
ReachLocal Sets IPO Pricing Range
MAY 5, 2010
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 and $19.00 per share. ReachLocal's IPO is being underwritten by J.P. ReachLocal helps small businesses advertise their companies on the internet.
ReachLocal Hits $147M In Revenues
AUGUST 13, 2009
500 listing was that Woodland Hills-based ReachLocal , a venture backed provider of local online marketing services, hit $147M in revenues in 2008, up significantly from $4.4M in revenues of 2005. magazine ranked the firm as the 39th fastest-growing private company in America. One of the revelations in yesterday's Inc. READ MORE>>.
ReachLocal Grows Revenues By 47 Percent
OCTOBER 26, 2010
Woodland Hills-based ReachLocal , the provider of local online marketing services for small and medium sized businesses, reported its results Tuesday, saying that it had $77.1M in revenues for Q3 of 2010, up 47 percent from Q3 of last year, when it had $52.6M in revenues. The quarterly results were a 10 percent growth from the prior quarter.
ReachLocal Tops Fast 500 List
OCTOBER 20, 2009
Woodland Hills-based ReachLocal , a provider of local search advertising services, has topped Deloitte's 2009 Technology Fast 500 list, an annual listing of companies ranked by their five year growth rates. According to the list, ReachLocal topped the list with a five-year, fiscal growth rate of 146,050 percent.
ReachLocal Prices IPO At $13.00 Per Share
MAY 20, 2010
Woodland Hills-based ReachLocal priced its IPO last night at $13.00 per share, according to filings with the SEC this morning, netting the firm $54.1M. ReachLocal was venture backed by VantagePoint Venture Partners, Rho Ventures, Galleon Group, European Founders Fund, and others. Tags: reachlocal merger acquisition rloc
ReachLocal Up 15 Percent After IPO
MAY 20, 2010
Woodland Hills-based ReachLocal , which helps small and local businesses place Internet advertising, was up 15.2 Tags: reachlocal advertising small business exit merger acquisition percent after its IPO Thursday, closing at $14.98, up $1.98. during the day. percent to 2,204.01. READ MORE>>.
Sizmek Bolsters Digital Advertising Staff In LA
APRIL 23, 2014
The company--which is based in New York--has around 40 employees in Los Angeles. Los Angeles is a major center for online advertising, with other companies like OpenX, Convertro, Frequency, Rubicon Project, Airpush, ReachLocal, and many, many others in the industry based in the region. Meehan was previously. READ MORE>>.
Los Angeles Fast 500 Winners Announced
OCTOBER 19, 2011
The Los Angeles winners of the Deloitte Fast 500 ranking of fastest growing companies was announced last night at an event at Santa Monica's Shutters on the Beach, with 26 companies recognized in the overall 2011 Technology Fast 500, and three "Technology Rising Stars" recognized in the Los Angeles area.
OpenX Raises $20M More
MAY 27, 2011
The funding has not yet been announced by the company. The new round would bring the company's total raised up to around $50M, over four rounds of funding. Pasadena-based online advertising software firm OpenX has just raised a big, $20M funding round, according to a regulatory filing from the firm late Friday. READ MORE>>.
Want to Start a Technology Company in LA?
Both Sides of the Table
MARCH 17, 2010
But we have a great city for building technology companies. If you decide to build a company in LA, here’s what you need to know: 1.
Sixty-four Southern California Firms On Technology Fast 500
NOVEMBER 16, 2012
Earlier this week, Deloitte released its latest list of the top 500 growing technology companies, in its 2012 Technology Fast 500. Gorman, Ph.D.