Home Depot Acquires Redbeacon

Online home services platform connects consumers with contractors.

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Angie's List has a new competitor and its a big one. The Home Depot has acquired Redbeacon, an online home services platform connecting consumers with contractors for their home maintenance, repair and remodeling needs. Redbeacon's leadership team will stay in place and will remain in San Mateo, CA.

Redbeacon.com takes a revolutionary new approach to finding home services online without hours of reputation research and tedious price comparisons. Its innovative solution uses a proprietary algorithm incorporating even the consumer's own Facebook social graph to recommend professionals.

Founded by seasoned Internet veterans from Google, Redbeacon launched and took the top prize at the prestigious TechCrunch50 Conference in September 2009 and is available throughout the U.S. in Atlanta, the San Francisco Bay Area, New York, Chicago, Los Angeles, Washington D.C., Seattle, Houston, Boston, Denver and Portland markets.

Learn more at www.redbeacon.com

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