Tech Company Financing Transactions

ReachLocal Funding Round

ReachLocal, based in Woodland Hills, secured $55.2 million from Rho Ventures, Galleon Group and VantagePoint Capital Partners.

Transaction Overview

Company Name
Announced On
10/8/2007
Transaction Type
Venture Equity
Amount
$55,200,000
Round
Series D
Investors

Rho Ventures (Lead Investor) (Habib Kairouz)

Galleon Group

VantagePoint Capital Partners (David Carlick)

Proceeds Purpose
The funding will support the aggressive expansion of its local digital advertising and marketing operations.

Company Information

Company Status
Publicly-held
Industry
Internet & IoT
Mailing Address
21700 Oxnard St. 1600
Woodland Hills, CA 91367
USA
Email Address
Overview
ReachLocal (NASDAQ: RLOC) is the industry pioneer and a leader in helping small- and medium-sized businesses attract local customers via search sites and online yellow-pages marketing. We have managed tens of thousands of campaigns for businesses across all industries.
Profile
ReachLocal LinkedIn Company Profile
Social Media
ReachLocal Company Twitter Account
Company News
ReachLocal News
Facebook
ReachLocal on Facebook
YouTube
ReachLocal on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Sharon Rowlands
  Sharon Rowlands LinkedIn Profile  Sharon Rowlands Twitter Account  Sharon Rowlands News  Sharon Rowlands on Facebook
Chief Financial Officer
Owen Kloster
  Owen Kloster LinkedIn Profile  Owen Kloster Twitter Account  Owen Kloster News  Owen Kloster on Facebook
VP - Bus. Development
Paras Maniar
  Paras Maniar LinkedIn Profile  Paras Maniar Twitter Account  Paras Maniar News  Paras Maniar on Facebook
VP - Client Services
Bala Menon
  Bala Menon LinkedIn Profile  Bala Menon Twitter Account  Bala Menon News  Bala Menon on Facebook
VP - Human Resources
Tenlay Naliboff
  Tenlay Naliboff LinkedIn Profile  Tenlay Naliboff Twitter Account  Tenlay Naliboff News  Tenlay Naliboff on Facebook
VP - Product Management
Kris Barton
  Kris Barton LinkedIn Profile  Kris Barton Twitter Account  Kris Barton News  Kris Barton on Facebook


 

 

Browse more venture capital transactions:

Prev: 10/8/2007: Apollo Endosurgery venture capital transaction
Next: 10/8/2007: Staccato Communications venture capital transaction

 

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Our team works diligently to document every notable VC transaction. All VC database entries on this site come from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.

 


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