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Oodle Raises an Additional $5.6M in Funding

I’m pleased to announce that today Oodle closed an additional $5.6M in funding from our existing investors — Greylock Partners, Redpoint Ventures and JAFCO Ventures.

Oodle had a great year in 2008.  We brought some great partners into our network, including Walmart and MySpace, and our traffic more than tripled. Indeed, last month we hit a big milestone when we received more than 10M visits.

I’m really excited about where we’re going this year.  More and more people are turning to classifieds in this tough economic environment to find great deals or raise extra cash.

Our mission, as always, is to find innovative ways to improve the experience of using online classifieds.  And one of the best opportunities to do that is to make the experience more social.  With our partnerships with MySpace and Facebook we’re now poised to usher in a new generation of classifieds!

5 Responses to “Oodle Raises an Additional $5.6M in Funding”

  1. February 10th, 2009 at 3:13 pm

    Paid Content : Online Classified Network Oodle Raises Another $5.6 Million says:

    [...] broke 10 million visits last month, also that it aggregates more than 500,000 listings a day. CEO Craig Donato blogged that the economy could be a plus: “More and more people are turning to classifieds in this tough [...]

  2. February 10th, 2009 at 3:34 pm

    TechStartups.com is a blog aimed to bring you more than just internet products or internet related companies. says:

    [...] Oodle corporate blog has great news for company fans: $5.6 million more in investor [...]

  3. February 18th, 2009 at 1:10 pm

    GiftShopping says:

    Congratulations! I think that it’s wonderful and refreshing news to read rather than many of the negative issues worldwide. I was over at wal-mart.com when I found their branded classified ad site and came to oodle.com to check out the site and blog. Raising that amount of funds during this hard economic time is purely awesome. I see how your site benefits many merchant sites and visaversa, I really think it’s too cool.

  4. April 6th, 2009 at 12:03 pm

    Working with Search Company Oodle : TechStarter says:

    [...] WalMart,  government classifieds for Military.com and 200 more sites. Oodle raised another $5.6 million this year, after a second round of $11 million in [...]

  5. May 25th, 2009 at 6:35 am

    Online classified search engine Oodle raises another $5.6M : Mobiya Classifieds says:

    [...] Craig Donato blogged about Oodle’s third round funding from existing investors. No new investors were invited nor [...]

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