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ResponseLogix Gets $8 Million First Round For Online Automotive Leads; Both Belos Invest

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ResponseLogix, a provider of lead response services for the online automotive industry, has raised an $8 million first round led by RP Partners and Shasta Ventures along with sister firms A.H. Belo (NYSE: BLC) Corporation and the Belo Corp. The SF-based startup, which launched last year, claims that online auto retailers have seen 50 percent increases in internet sales by using the service. The company’s core products are software offerings that allow dealers to quickly respond to internet leads. For Belo, the company plans to offer the company’s services to its automotive advertisers. Release. For more on Belo’s plans, see the full set of releases here.

Jul 22, 2008 10:00 PM ET

Posted In: Media & Publishing, Newspapers, TV, Money, M&A & Venture Capital, Venture Capital, ah belo, belo, responselogix, rp partners, shasta ventures

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