Zvents Lands $24 Million for Local Search, Ad Network

Authored by Mark Hefflinger on September 30, 2008 - 8:05am.

San Mateo, Calif. - Zvents, the provider of local search engine and paid listings ad network, announced on Tuesday that it has raised $24 million in additional funding from new investors including Nokia Growth Partners, NAVTEQ and AT&T.

Previous backers Vantage Point Venture Partners and Red Rock Ventures also participated.

Founded in 2005, San Mateo, Calif.-based Zvents counts more than 250 media partners in its network, including mtvU, MSN CityGuides, AT&T's YellowPages.com and newspaper sites owned by publishers like McClatchy, MediaNews and The New York Times Company.

The company will use the funds to expand the reach of its local listings, ad network and local search platform.

 

Related Links:
http://www.marketwire.com/press-release/Zvents-NYSE-NOK-904984.html

http://www.zvents.com

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