eLocal Raises $25M in Funding

eLocal, a Conshohocken, PA-based Internet advertising company, raised $25M in funding.

LLR Partners made the investment.

The company intends to use the funds for growth initiatives, including expanding sales, marketing and technology efforts as well as potential acquisitions that complement its existing platform.

Led by CEO Bruce Aronow, eLocal provides digital performance marketing and new customer acquisition tools for local, regional and national service businesses in the home services and legal verticals
The company now plans to expand into other verticals that value live phone calls and leads.

FinSMEs

30/11/2017

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