Oodle Raises New Round; VCs See Opportunity for ‘Social Classifieds’

Oodle, the mega classifieds platform company, has raised an additional $5.6 million from its existing investors, which include Greylock Partners, Redpoint Ventures and JAFCO Ventures. The company has raised $24 million in total. Noting that Oodle has recently signed companies such as WalMart, Facebook and MySpace, CEO Craig Donato told us his VCs see a major opportunity to build a “very differentiated … Read more

Citysearch CEO Jay Herratti Talks About MySpace Local

MySpace and Citysearch today confirmed the launch of MySpace Local, a new local city guide using functionality and feeds from Citysearch, including its taxonomy of categorization, geography structure, search functionality and content. The site is launching a beta version of the site this week, with a general U.S. launch next month. It will be available on the Web … Read more