Yodle, the leading Silicon Alley-based digital marketing platform for small businesses, is “strongly considering” an IPO, according to CEO Court Cunningham, as reported by Street Fight.
Yodle is profitable and generating over $130 million in revenue annually, Cunningham said recently.
Yodle bought Atlanta-based Lighthouse 360, it was reported today. Lighthouse 360 has built an advanced customer relationship management (CRM) system for dental offices which reportedly does a terrific job integrating all those systems in a dentist’s office. Yodle plans to expand the technology each of its 30 verticals.
Read our 2012 Yodle post here.
Some other metrics of note.
- ReachLocal is at a run rate of $430 million annual revenues, with 22,000 clients, which works out to almost $20k per client per year.
- Yodle has $130 million annual revenues, and 30,000 mostly smaller clients with an average of $4k per client per year.
ReachLocal stock closed today at $13.50, up more than 2x in 14 months.
Update: March 7
A Yodle source gave me some other revenue numbers, expecting 35% growth this year.
2011: $75 million
2012: $130 million
2013F: $175 million.