Online advertisers ‘Local Marketers’ raises $4.1 Million | Startup Meme - Technology Startup and Latest Tech News

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Jul 31 2008

Online advertisers ‘Local Marketers’ raises $4.1 Million

Shoaib Hashmi 

Local MarketersLocal Marketers’ is a startup that helps small and medium size businesses to advertise online. The Seattle based startup has raised $4.1 million in its current round of funding.

The current amount has been raised from the Mandora Venture Group. The company publicises its pay-per- contact model. This model is considered as better in terms accountability from the pay-per-click model.

Furthermore Walter Boos has been appointed as the new chief executive of the company. He has previously worked as the president of educational software maker ‘SchoolKit’.

The company now has a venture backing of around of $5.1 million.

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