Local.com Secures $10,000,000 New Financing Round

  • Feed Type
  • Date
    6/30/2009
  • Company Name
    Local.com
  • Mailing Address
    One Technology Drive, Building G Irvine, CA 92618
  • Company Description
    Local.com (NASDAQ: LOCM) is a leading local search engine and the largest local search network in the United States. The company provides over 19 million consumers each month with the most relevant search results for local businesses, products and services on Local.com and over 700 regional media sites. Businesses can target ready-to-purchase consumers using a variety of advertising products including subscription, pay per click, banner and pay per call ad products. Local.com consistently ranks in the Top 100 in U.S. website traffic according to Internet research firm, comScore.
  • Website
    http://www.local.com/
  • Transaction Type
    Debt
  • Transaction Amount
    $10,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds urposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Square 1 Bank