SpotRunner Buys Weblistic, Pumping Up Local Sales Effort

SpotRunner has gone into the local reseller channel in a major way by acquiring Weblistic, a company headed by Ketan Shah (and whose president is Yellow Pages Commando Dick Larkin). The company has 50 employees and is headquartered in Fremont, near San Jose, with additional offices in Carlsbad,CA near San Diego and Chicago. It also has sales staff in … Read more

Closing The Book on ILM:07

It is hard for me to comprehend, but we are finally finished with ILM:07. We were grateful to have had 650 interesting and enthusiastic attendees from all over the world; 72 stimulating speakers; a full load of sponsors; and an excellent partnership with SES. Our next conference, April 30-May 2 at the Westin in Seattle, will … Read more

Yodle, Ambassador Rev Up Local Online Sales

When it comes to third party local ad sales, apparently, more is the merrier – especially with the powerful incentive of ReachLocal’s $300 million valuation. Yodle and Ambassador Internet are two of the more recent names to consider, on top of ReachLocal, WebVisible, Weblistic, Cornerstone, RHD’s LocalLaunch and Idearc’s Inceptor I met with the heads of Yodle (“Get Found!”) and … Read more

Marchex Pays $20 Million for VoiceStar

Marchex continues to expand its local advertising and content capabilities with its acquisition of VoiceStar, the pay-per-call and call tracking company. The VoiceStar acquisition adds more than 100 local advertiser aggregators, including Comcast, The Cobalt Group, R.H. Donnelley/Dex, and YellowBook USA to Marchex’s current partner roster, which includes AT&T and Yellowpages.com. Marchex also said that it has hired … Read more

ReachLocal Sees $300 Million+ Valuation

ReachLocal, a provider of local online marketing solutions for SMBs, has raised $55.2 million in new financing. This comes on top of the $12.7 million it has raised since its founding in 2004. The new funds give ReachLocal an estimated valuation of $305 million, since it was previously valued at $250 million. The money is … Read more

Mindbody Slated to Be Sold for $1.9 Billion; Is Scheduling Still an SMB Anchor?

Mindbody, a leader in fitness and spa software and services with 67,000 subscribing businesses in 124 countries, announced it reached an agreement to be sold for $1.9 Billion to Vista Equity. The company will now enter a 30 day “Go Shop” period. At the time of the announcement, the deal represented a 68 percent premium … Read more