Wednesday, August 26, 2009

Balihoo Lands $7M

Boise, Idaho-based Balihoo, a provider of technology used for local marketing and advertising planning, said Wednesday that it has raised $7M in a enw funding round. The round was led by OpenView Venture Partners. Prior investors Highway 12 Ventures and Lacuna Gap Capital also participated. The firm said the funding will allow it to expand its sales and marketing efforts. More information »