Yodle Has Investors Singing Its Tune

Yodle, a start-up that helps local businesses advertise online, has received $10 million in a fourth round of funding, Venturebeat said. The financing round, which brings Yodle’s total funding to $38 million, was led by JAFCO Ventures. Previous backers, including Draper Fisher Jurvetson Growth, Draper Fisher Jurvetson and Bessemer Venture Partners, also participated. Yodle, which is based in New York, reported a 135 percent increase in revenue in 2009, compared with a year earlier, VentureBeat noted.

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Published In: The New York Times