Local Online Ad Provider Yodle Raises $12 Million

Authored by Mark Hefflinger on November 26, 2007 - 7:17am.

New York - Yodle, a provider of local online advertising services for small businesses, has raised $12 million in its second round of venture capital financing, led by Draper Fisher Jurvetson.

Previous investor Bessemer Venture Partners also participated.

New York-based Yodle has developed a proprietary media buying platform that focuses on generating phone calls instead of click-throughs for its small business clients.

The company will use the funds to complete the national rollout of its services.

Related Links:
http://snipurl.com/1u7yh

http://www.yodle.com

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