Local Searcher Zvents Gets $24 Million Second Round; Nokia, AT&T, Navteq Invest

imageA big second round for local search startup Zvents… The San Mateo, CA-based company has raised $24 million from Nokia (NYSE: NOK) Growth Partners, AT&T (NYSE: T), and Navteq, along with past backers Vantage Point Venture Partners and Red Rock Ventures. The company previously raised $7 million in 2006, for a total raise of $31 million. The company offers a range of local event listings, both paid and organic, and the new investors all see the service complementing their business in some way. Nokia sees the potential for local mobile. AT&T owns Yellowpages.com, which Zvents already helps power. The connection to Navteq’s local mapping data is also a natural, strategic fit. Other current Zvents partners include MTVu, *McClatchy* and *NYTCo*. Founded in 2005, the company says it will use the funding to build out a local ad network, and improve its search offering. Release.

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