Subsidiary | |
Traded as | NASDAQ: RLOC |
Industry | Online marketing |
Founded | 2003 |
Headquarters | Woodland Hills, California, United States |
Area served
|
North America |
Revenue | $514.07 million (As of 2013[update]) |
Parent | Gannett |
Website | www |
North America
Europe
Asia
Australia
ReachLocal, Inc. ("ReachLocal")(NASDAQ: RLOC) is an online marketing and advertising solution provider for small, medium, and large businesses, advertising to consumers in local markets. It provides Internet and mobile Internet marketing solutions to business clients in the United States, Europe, Asia and Australia.
ReachLocal was founded in 2003 by Zorik Gordon, Nathan Hanks, Michael Kline, Robert Wright, and Robert “Rick” Spitz, with headquarters in Woodland Hills, California and operations in four global regions.
ReachLocal has over 1,300 employees across 68 offices located in the United States, Australia, Brazil, Canada, Mexico, Germany, the Netherlands, New Zealand, Singapore, Austria, India, Belgium, and Japan. As of February 2016, the company has more than 17,000 active clients. ReachLocal operated in the United Kingdom until December 2015 when they entered Administration. Fat Media purchased the UK assets, customer contracts and goodwill from ReachLocal UK Ltd.
ReachLocal’s first product was a search engine advertising service called ReachSearch. This technology places businesses’ advertisements on multiple search engines, including Google, Yahoo! and Bing. ReachLocal has since introduced a range of digital marketing products, including ReachEdge, its award-winning lead conversion software.
In 2010, ReachLocal launched its initial public offering (IPO). Before the company’s IPO, ReachLocal was venture-backed by VantagePoint Venture Partners, Rho Ventures and Galleon Special Opportunities Partners Fund LP.