# ReachLocal

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/reachlocal

- Industry: Marketing/Advertising
- Headquarters: US
- Website: www.reachlocal.com
- Total disclosed funding: $57M
- Latest round: Series D (Sep 9, 2007)
- Investors on record: 3

## About

ReachLocal, Inc. specializes in providing digital marketing solutions that empower businesses to enhance their online presence and drive customer engagement through various advertising strategies.Founded in 2004 and headquartered in the United States, ReachLocal, Inc. offers tailored digital marketing services focused on attracting and retaining customers. The company executed a successful IPO in May 2010, raising USD 54.17 mn, with Hercules Capital as the lead investor. The CEO is Sharon Rowlands, who has a background in leading tech companies.ReachLocal, Inc. focuses on a comprehensive array of digital marketing solutions designed for small to medium-sized businesses. Their services encompass search advertising, display advertising, video advertising, social media marketing, targeted email marketing, and custom promotions. They also provide tools such as the Google Ads Performance Grader and Website Grader to help clients optimize their digital strategies and enhance their online presence across various industries, including healthcare, automotive, retail, and professional services.In 2015, ReachLocal, Inc. generated a revenue of USD 382.60 mn and reported an EBITDA of USD -41.19 mn, operating through subscription-based services and partnerships that facilitate access to its digital marketing solutions.ReachLocal, Inc. plans to leverage recent funding from their IPO to expand their product offerings and enter new markets. They are focusing on launching advanced marketing tools and expanding their services into additional states across the United States by the end of 2015. The investments from the IPO will support the development of these new products and the expansion strategy.

## Funding rounds

- Series D, Sep 9, 2007, $55M — RHO, VantagePoint Capital, The Galleon Group
- Series B, Jun 6, 2004, $2M — VantagePoint Capital
- Series A, Mar 1, 2004, $0.3M — VantagePoint Capital

## Investors

- VantagePoint Capital (https://capitalatlas.ai/funds/vantagepoint-capital) — Series A, Series B, Series D
- RHO (https://capitalatlas.ai/funds/rho) — Series D
- The Galleon Group (https://capitalatlas.ai/funds/the-galleon-group) — Series D