Advice Interactive Group provider of Local Site Submit, announced today that it has raised its first round of funding led by Cypress Growth Capital, LLC in conjunction with Silicon Valley Bank.
The financing will be used to accelerate the growth of their local search technologies and local business listings management services.
Local Site Submit offers a suite of local search tools that help search marketers increase their revenue, and help businesses rank higher in the local search results.
CEO Bernadette Coleman explains why this is good news for search marketers:
Our goal is to offer the best one stop local search solution for large brands, agencies and SMB’s. We plan to use the funding to aggressively grow the company and the technology so we can continue to provide the best local solution available for everyone.
We are confident that Local Site Submit will become the go to leader in local. Our company has the potential to help everyone in local search. Local directory management is very challenging, and the technology we have developed is a significant step toward a better solution.
With added financing comes added flexibility to help facilitate the development of their current technology, as well as pursue new goals.
Local Site Submit was launched by Advice Interactive Group in 2011 and today they are signing on over 250 new businesses a day through their reseller partners.