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ReachLocal Creates Ad Marketplace

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Woodland Hills-based ReachLocal has launched a new, online marketplace for local advertising, saying Monday that it has created a new "ReachLocal Xchange" platform which will allow websites to tap into local advertisers. Tags: reachlocal online advertising marketplace. READ MORE>>.

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ReachLocal Adds Display Advertising

socalTECH

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. The firm said its new offering, ReachDisplay, will help local advertisers place online visual display ads on multiple web sites.

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Lynda.com Inks Massive, $103M Funding Round

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According to Eric Robison, the firm's CEO, the funding round will go towards increasing the firm's global reach and expanding content. Meritech Capital also participated in the funding. As part of the big new funding, Andrew Braccia of Accel and Vic Parker of Spectrum have both joined the company's board. READ MORE>>.

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This Week in VC with Jim Armstrong of Clearstone

Both Sides of the Table

Clearstone currently invests out of a $200 million fund based in LA with offices in Menlo Park and in India. Palm (acquired by HP ) – In our interview we talked about how transformational mobile computing is and why it’s different than web computing (e.g. Segment Three: “VC Deals Funded this Week”. LivingSocial.

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Some Thoughts on Branding Startups and Communities

Both Sides of the Table

ReachLocal, founded by Zorik Gordon, publicly traded company helping small businesses across America use the Internet for marketing [Woodland Hills. But if you were going to start a venture capital fund today, you’d want to stand out. Of course if you’re already known you could put your name or location on your fund name.

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

Both Sides of the Table

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.