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Earlier this week, Woodland Hills-based ReachLocal (www.reachlocal.com), which helps small and medium sized businesses place online ads, announced a deal to buy daily deals site DealOn.com. You're entering into a fairly crowded area, what's the value that ReachLocal adds here? Zorik Gordon: We're excited about the acquisition.
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 ReachLocal said it now expects consolidated revenues in the range of $80.0 Tags: reachlocal rloc online marketing internet advertising small business.
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>>.
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>>.
Woodland Hills-based ReachLocal is looking to make search retargeting -- the targeting of consumers based on their prior Internet history -- available to the SMB market this morning, with the launch of a new product. ReachLocal said the new retargeting product is now available in the US and Canada. READ MORE>>.
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. The firm sold 4,166,667 shares of stock at $13.00 during the day. percent to 2,204.01.
ReachLocal (www.reachlocal.com) was born in the age of Internet search marketing, and helped define Internet marketing from local service providers--letting people know about your local business via the Internet. We're using technology, so when they show up, the estimate, invoice, and payment is all on the tablet.
Los Angeles-based CyberDefender , the developer of Internet security software and provider of technical support, said today that it has snagged a Kamran Izadpanah as its new Senior Vice President of Technology. Izadpanah was most recently Vice President of Software Development at ReachLocal. Izadpanah will report to COO Igor Barash.
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. The publicly traded firm said that the effort reflects the "continued confidence" of its board and management in the strength of its business. READ MORE>>.
What's the best way to encourage development of the technology industry in Los Angeles? The group said that it is hoping to promote the path of the current Expo line as a new technology corridor, to create new "innovation hubs" along the corridor.
Woodland Hills-based ReachLocal , which provides online marketing products for small- and medium-sized businesses, reported today that it has named Jeff Hagins as Chief Technology Officer, and promoted Steven Power, former Australia CEO, to Executive Vice President of Global Sales Operations.
Woodland Hills-based ReachLocal , the provider of online marketing services for small and medium sized businesses, said today that it is expanding internationally, with a deal for a Central and Eastern European franchise. ReachLocal said the franchise will use the ReachLocal brand, business model, and technology in each of those countries.
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>>.
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.
Earlier this week, Deloitte released its latest list of the top 500 growing technology companies, in its 2012 Technology Fast 500. 547% Pasadena Tom Lamb 186 Kyriba Corporation 482% La Jolla Jean-Luc Robert 189 MINDBODY 471% San Luis Obispo Rick Stollmeyer 195 ReachLocal, Inc. 6225% San Diego Kevin C. Frost, Ph.D.
And we’re left with a city with idyllic weather, major commerce, the media center of the world, and a great emerging technology scene. But we have a great city for building technology companies. You can find very talented technology executives. But we do have great technology developers. You don’t.
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. on revenues of $124.7M
DealOn , the developer of white label group buying software which was acquired by Woodland Hills-based ReachLocal , has just been sued over patent infringement by group buying site Tippr. ReachLocal announced its acquisition of New York-based DealOn on February 15th. According to a court filing, KashLess, Inc., DealOn, LLC et al.
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.
Other IPO finalists were RealD , ReachLocal , and Inphi. Finalists were CODA Automotive , Fisker Automotive , and Amonix. On the exit side, the Best IPO award went to Green Dot , the provider of pre-paid Mastercard and Visa cards. The Best M&A went to Wavestream , with only one other finalist, Integrien.
VentureNet, which is put on by the Technology Council of Southern California, included keynotes by Kelly Perdew of Rotohog and Zorik Gordon of ReachLocal, plus capital presentations from Cyber-Rain, FlipGloss Media, Viewdle, Social Approach, Ad.ly, Zadspace, RightSignature, Cogi, YouMail, ExpenseBay, AffordIt.com, SharesPost, and TrueCar.
The number of Southern California related initial public offerings is growing steadily upwards, as Gevo --originally started in Pasadena, and based on technology out of Caltech and UCLA--hit the market this morning. Gevo is just the latest in a surge of companies hitting the public markets which have Southern California links.
Sizmek , a developer of digital advertising technology, said this week that it has named Patrick Meehan as head of Sales in its Los Angeles office. The company--which is based in New York--has around 40 employees in Los Angeles. Meehan was previously. Director of Agency Sales and Account Management at DoubleClick. READ MORE>>.
Wergeles also had served as Chief Legal Officer at ReachLocal during that company's IPO. Leaf Group is led by longtime technology industry veteran Sean Moriarty. READ MORE>>.
RealD joins Woodland Hills-based ReachLocal and Carlsbad-based MaxLinear among the list of local firms with a successful IPO this year. RealD said last night that it had priced its IPO at $16.00, and is selling 12.5M shares of its common stock.
The report--compiled by Ocean Road Partners--included both venture-backed and self-financed information technology companies. Green Dot's backers included Sequoia Capital, Total Technology Ventures, and the Tech Coast Angels. The exit was the eighth highest in the database, according to Ocean Road Partners.
So far, two companies-- Woodland Hills-based ReachLocal , which completed its IPO in May, and Carlsbad-based Maxlinear , which hit the markets in March, have had successful IPOs.
Deloitte & Touche announced its national Fast 500 winners today, the firm's annual list of fastest growing technology firms in the nation. Tags: competition ranking firms technology growing fast deloitte.
Investors: Allen Morgan of Mayfield Fund, ff Asset Management, Bobby Yazdani, Nova Spivack of Lucid Ventures, Zelkova Ventures, Paige Craig, Tom McInerney, Michael Yavonditte of Quigo Technologies, Ofer Ronan. ICQ (sold by AOL to Digital Sky Technologies ). Read more: TechCrunch. Read more: TechCrunch. Segment Five, “Notable Exits”.
The lengthly list of executives includes a wide range of executives from across the LA and Silicon Valley technology ecosystem. READ MORE>>. rubicon project executive hiring internet advertising'
which has most of its employees in Westlake Village; Los Angeles-based Gamefly ; City of Industry-based NewEgg ; San Diego-based Fallbrook Technologies ; and Thousand Oaks-basd Nexsan. Other firms currently in registration include Santa Monica-based Demand Media ; San Diego-based Zogenix ; Inphi Corp.
A number of Southern California technology firms have nabbed top spots in the annual Inc. A number of other technology firms throughout Southern California were ranked elsewhere in the top 500. 500 list of the fastest-growing private companies in the US. Vizio topped the list at number one when ranked by revenues, with $2.0
The move is an interesting one, given the number of Southern California technology companies trying to go the other direction, and to hit the public markets.
In recent months, Woodland Hills-based ReachLocal and Carlsbad-based MaxLinear also have managed to reach the markets via an IPO, and there are at least seven other Southern California companies waiting in the wings for the public markets.
Lynda.com is unique in that it started out as a bootstrapped business operated out of the personal website (Lynda.com) of co-founder Lynda Weinman, in the not-so-technology hotbed town of Ojai. As part of the big new funding, Andrew Braccia of Accel and Vic Parker of Spectrum have both joined the company's board.
I’m just not sure you can build a great technology firm outside of Bay Area.&#. In Silicon Valley you have mega venture capital funds who have a history of giving $20 million to early-stage technology companies hoping to swing for the fences and become the next Google, Facebook or Twitter. You just don’t. Get over it.
Porch, which is based in Seattle, said it will integrate the Serviz technology platform into its own site, Porch.com. Gordon and Kline previously founded ReachLocal. Financial terms of the acquisition were not announced. Porch said the acquisition will help it expand its end-to-end home services solutions.
Out is the “cocktail only&# Twiistup and in is the new format of a conference that should take its rightful place on the national technology calendar. We are a city unique in merging the world’s best content with digital media and technology expertise. Tags: SoCal Stuff LA SoCal startup technology.
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?
An innovator in technology, especially monetization. ” To me, LA will always be a creative hub for TV, film, music, video games and now technology. ReachLocal, founded by Zorik Gordon, publicly traded company helping small businesses across America use the Internet for marketing [Woodland Hills. Not derivative.
Funk initiated the study last fall to create an historical statistical analysis of the financial outcomes for the region's venture-backed information technology companies.
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