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    Friday, February 23, 2007

    Local.com Gets Private Placement From Hearst
    Irvine-based Local.com has received $8M in a private placement from Heart Interactive Media, the firm said today. Greenway Capital also participated. Local.com said that the proceeds would be used for general working capital and strategic initiatives, and includes convertible debentures and warrants. Local.com was represented by investment banker GunnAllen Financial in the transaction.
    posted on Friday, February 23, 2007

    Related companies:
    Interchange AKA Local.com

    Related stories:
    > Kintera Gets Private Placement
    > ImageWare Raises $6.6M in Private Placement
    > 5G Wireless Finds $400K in Private Placement
    > Occam Completes Private Placement
    > Sorrento Closes $10M Private Placement

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