socalTECH

FEBRUARY 26, 2010

Woodland Hills-based ReachLocal announced Friday that it has acquired SMB:LIVE , a developer of digital presence and reputation management products for the small and medium sized business market. Tags: reachlocal smblive merger acquisition software local advertising. Financial terms of the acquisition were not disclosed.

ReachLocal 164

ReachLocal Woodland Hills Social Media Acquisition 164

Both Sides of the Table

MAY 4, 2010

It’s clear that many companies are going to need to understand “authority&# in the social media era. ReachLocal – we discussed this deal at length including what amount of revenue does it take to get to an IPO (Jim’s view, sub $100 million in fine as long as you have good margins and a strong growth rate).

Clearstone 236

Clearstone Venture Capital ReachLocal Google 236

Both Sides of the Table

FEBRUARY 15, 2011

Many of the Valley tech firms saw advertising as “beneath them&# and many VCs in the first boom encouraged people to focus on eyeballs rather than dollars. Zorik Gordon built & IPO’s ReachLocal. That’s convenience when your VC is hoping to write the next $20 million check.

Venture Capital 313

Venture Capital Southern California Google Startup 313