LocationInsight Gets $5M For Search Marketing Spinout

Denver-based LocationInsight, a developer of local search marketing software and services to retailers with physical locations, said Monday afternoon that it has raised $5M in a funding round. The round came from United Communications Group (UCG). LocationInsight said the funding came simultaneously with a buy-out of the LocationInsight local search marketing business from InfoNow. LocationInsight is headed by Ari Kaufman.