Oodle Raises $5.6 Million for Local Online Classifieds

Authored by Mark Hefflinger on February 10, 2009 - 11:57am.
San Mateo, Calif. - Oodle, the provider of a search engine for local classified ads, announced on Tuesday that it has raised an additional $5.6 million in funding from existing investors Greylock Partners, Redpoint Ventures and JAFCO Ventures.

San Mateo, Calif.-based Oodle counts partners including MySpace, Comcast and Walmart, and will power Facebook's forthcoming Marketplace platform.

Oodle CEO Craig Donato said in a blog post that the company's traffic exceeded 10 million visits in January.

The company has to date raised a total of $24.6 million.

 

Related Links:
http://blog.oodle.com/2009/02/10/oodle-raises-an-additional-56m-in-funding/

http://www.oodle.com

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