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ReachLocal Opens UK Office

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Woodland Hills-based ReachLocal said late Tuesday that it has expanded into the United Kingdom, and opened up a new office in London. ReachLocal, which provides services that help local businesses buy search engine advertising, said it has launched ReachLocal UK Ltd., READ MORE>>

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ReachLocal Adds Display Advertising

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Woodland Hills-based ReachLocal , which operates a service to help small and medium sized businesses place online advertising, said this morning that it is adding a online display advertising product to its mix. in venture capital from VantagePoint Venture Partners, Rho Ventures and Galleon Crossover Fund. READ MORE>>.

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ReachLocal Expands Into Canada

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Woodland Hills-based ReachLocal announced Wednesday that the firm has expanded into Canada, and opened up a new sales office in Toronto for its online marketing services. ReachLocal helps businesses place pay-per-click and other ads through Google, Yahoo, MSN, and others. The new office will be headed by Alyn Glazerman.

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This Week in VC with Jim Armstrong of Clearstone

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Clearstone currently invests out of a $200 million fund based in LA with offices in Menlo Park and in India. Palm is a maker of mobile computing devices, including the Pixi and Pixi Plus; HP: “Our intent is to double down on WebOS”; helps HP compete in mobile computing with Apple, RIM, Google, and MSFT. LivingSocial. AppDynamics.

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Want to Start a Technology Company in LA?

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Funding is different – In Silicon Valley you have mega venture capital funds and many of them. They not only have gotten bigger but they have an amazing track record of funding the biggest names in the sector: Cisco, Apple, Google, Facebook. As a result many funds are OK with big bets. You don’t.

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Twiistup 6 Highlights

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In SoCal we are also leaders in affiliate marketing (Commission Junction), Internet video (Hulu) and bringing local businesses online (ReachLocal). We had an excellent opening panel on early-stage investing with Dave McClure (Founders Fund – NorCal), Brad Feld (Foundry Group, Boulder) and Andy Sack (Founders Co-Op, Seattle).

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Can You Really Build a Great Tech Firm Outside Silicon Valley?

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I’ve heard it many founders of VC backed companies in LA who tell me that in their NorCal VC meetings they are told, “we might be interested but we’d want you to relocate to the Bay Area if we funded you.&#. Funding is different outside of Silicon Valley. As a result many funds are OK with big bets.