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ReachLocal Files For IPO

socalTECH

Woodland Hills-based ReachLocal filed for an IPO this morning, saying that it is looking to raise up to $100M. Accoriding to ReachLocal, it had net income of $11.6M For 2008, the firm had a net loss of almost $7M on revenues of $146.68M. ReachLocal operates a service which helps small businesses place online advertising.

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This Week in VC with Jim Armstrong of Clearstone

Both Sides of the Table

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. If this figure is accurate – it’s certainly a very large business even when you look at net revenues. Yes, that’s right.