Internet Software and Services
Company Overview of Yodle, Inc.
Yodle, Inc., together with its subsidiaries, provides cloud-based marketing automation solutions for local businesses. The company’s products include Marketing Essentials, a suite of products that establishes an online, mobile, desktop, and social presence, as well as provides tools to attract, manage, and retain consumers; and Lighthouse, a business practice automation product that automates its customers’ daily consumer interactions or office routines. Its products also comprise Yodle Ads, which automates, manages, and optimizes the buying of local online advertising for customers; and Centermark that offers a standardized source of shared data, communication, and reporting to address the ...
50 West 23rd Street
New York, NY 10010
Founded in 2005
Key Executives for Yodle, Inc.
Founder and Vice President of Media Operations
Managing Director of Draper Fisher Jurvetson Growth Fund and Director
Compensation as of Fiscal Year 2014.
Yodle, Inc. Key Developments
Yodle Mulls Acqusitions
Jul 7 14
Yodle Inc. has filed an IPO in the amount of $75 million. Yodle intend to use a portion of the net proceeds of this offering to repay indebtedness outstanding under its existing credit facilities and a $6.2 million deferred payment obligation. It intends to use the remainder of the net proceeds for general corporate purposes. In addition, it may use a portion of the proceeds from this offering for acquisitions of complementary businesses, technologies or other assets, although it do not currently have any plans for any acquisitions.
Yodle Appoints Paul Bascobert as President
Jun 2 14
Yodle announced that Paul Bascobert has joined the company as president of local and will also be part of its executive management team. Mr. Bascobert will lead the company’s team of sales, client services and marketing professionals. He is responsible for further enhancing the company’s go to market strategy and client-facing operations for local businesses. Mr. Bascobert brings 20 years of experience in the media, technology and marketing services spaces. Mr. Bascobert has spent the last four years at Bloomberg LP as the President of Bloomberg Businessweek and then also as Chief Operating Officer of Bloomberg Media. He re-launched Bloomberg Businessweek to critical acclaim resulting in an increase in market share for the publication. Mr. Bascobert also transformed Bloomberg's media assets into a thriving business enterprise.
Yodle Reportedly Eyes IPO
Apr 7 14
Yodle Inc. is planning an initial public offering (IPO) later this year, according to people familiar with the matter. Yodle has tapped banks including Credit Suisse Group AG (SWX:CSGN) and Deutsche Bank AG (DB:DBK) to lead the offering, the people said. The IPO could raise around $100 million, though the target hasn't yet been completed, they added. The deal is expected to come in the second half of the year, the people said. Representatives of Yodle and the banks could not immediately be reached for comment by Reuters.
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