Local Online Advertising Service Yodle Secures $10 Million

Authored by Mark Hefflinger on January 12, 2009 - 8:37am.

New York - Yodle, a provider of local online advertising services for small businesses, announced on Monday that it has landed $10 million in third round financing, led by JAFCO Ventures.

Draper Fisher Jurvetson Growth, and previous backers Draper Fisher Jurvetson and Bessemer Venture Partners also participated.

New York-based Yodle operates in 25 U.S. cities, providing local businesses with a means of generating new customers and phone calls using online advertising.

The company will use the funds to double its investment in product development, and to expand its national sales efforts.

 

Related Links:
http://www.businesswire.com/news/google/20090112005266/en

http://www.yodle.com

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