Tuesday, June 30, 2009
Local.com Gets $10M In Credit Facility
Irvine-based local search site Local.com reports this morning that the firm has scored a $10M, revolving line of credit from Square 1 Bank. According to Local.com, it will use the funding for potential acquisitions and to fund strategic growth initiatives. Local.com operates a local search site and network of site providing information about local businesses.