Wednesday, November 19, 2008
ReachLocal Opens UK Office
Woodland Hills-based ReachLocal said late Tuesday that it has expanded into the United Kingdom, and opened up a new office in London. ReachLocal, which provides services that help local businesses buy search engine advertising, said it has launched ReachLocal UK Ltd., which will offer its local online marketing solutions to small and medium-sized businesses in the UK. ReachLocal's paid search ads are placed in Google, Yahoo!, MSN, and other search engine, to generate leads for local businesses. The new UK offices follow the opening of a Canadian office in September. The firm is venture backed by VantagePoint Venture Partners, Rho Ventures and Galleon Crossover Fund.