socalTECH

OCTOBER 26, 2010

Woodland Hills-based ReachLocal , the provider of local online marketing services for small and medium sized businesses, reported its results Tuesday, saying that it had $77.1M The firm reported a net loss of $2.8M, compared with net income of $14.9M The firm reported a net loss of $2.8M, compared with net income of $14.9M

ReachLocal 200

ReachLocal Woodland Hills .Net Southern California 200

socalTECH

DECEMBER 22, 2009

Woodland Hills-based ReachLocal filed for an IPO this morning, saying that it is looking to raise up to $100M. Accoriding to ReachLocal, it had net income of $11.6M For 2008, the firm had a net loss of almost $7M on revenues of $146.68M. ReachLocal operates a service which helps small businesses place online advertising.

ReachLocal 145

ReachLocal Woodland Hills .Net Advertising 145

socalTECH

MAY 20, 2010

Woodland Hills-based ReachLocal priced its IPO last night at $13.00 per share, according to filings with the SEC this morning, netting the firm $54.1M. ReachLocal was venture backed by VantagePoint Venture Partners, Rho Ventures, Galleon Group, European Founders Fund, and others. The firm's IPO was underwritten by J.P.

ReachLocal 145

ReachLocal Woodland Hills Pricing .Net 145

Both Sides of the Table

MAY 4, 2010

If this figure is accurate – it’s certainly a very large business even when you look at net revenues. ReachLocal – we discussed this deal at length including what amount of revenue does it take to get to an IPO (Jim’s view, sub $100 million in fine as long as you have good margins and a strong growth rate).

Clearstone 236

Clearstone Venture Capital ReachLocal Google 236