Yodle Announces More Funding: $10 Million

This morning independent local advertising provider Yodle announced a new $10 million round. That brings the total funds raised to date to $38 million. From the release:

The round, raised from existing investors, was led by JAFCO Ventures and joined by Bessemer Venture Partners, Draper Fisher Jurvetson, and Draper Fisher Jurvetson Growth. The Series D funding round brings Yodle’s total financing to $38 million.

In 2009, Yodle continued triple-digit growth with a 135% year over year revenue increase . . . Additionally, the company continues to be an industry leader in innovation. In 2009, Yodle significantly expanded its nationwide franchise business (YodleFranchise) by bringing on clients like ServiceMaster and Two Men and a Truck, adding numerous strategic reseller partnerships, and expanding its local advertising network to over 75 hyper-local web publishers.

From its humble origins as “NatPal,” several years ago, Yodle has emerged as a top-tier firm in the segment.

One Response to “Yodle Announces More Funding: $10 Million”

  1. My Final Rant……..The Next Bubble. « Dallas SEO & PPC Google Expert Mike Stewart's Blog – Affordable Tips & Consulting for Search Marketing Success Says:

    […] capital funding to WebVisible (another $20M), Reach Local (original $55M back in Oct 2007), and Yodle (recently funded with another $38M) I wanted to comment about The Next Bubble. Let’s discuss the what where and why investors are […]

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