UPDATED 10:03 EST / OCTOBER 20 2010

Signpost Launches in Boston, Chicago and Los Angeles

Signpost, a community-powered local deal site that enables neighbors to find and share deals expands beyond New York City. Formerly Postabon, it will spread out to three other major cities namely: Boston, Chicago and Los Angeles. It also got a funding from Google Ventures, in addition to their existent funds from Spark Capital.

The launch of Signpost will help people find the best deals by connecting consumers to dealers and vice versa. Consumers can also rate deals.

“Locals know there are hundreds of unique finds in their cities more valuable than the majority of generic deals we’re all bombarded with every day,” said Stuart Wall, co-founder and CEO of Signpost. “On Signpost, the community determines which deals matter most. We’re building a community-powered site that helps local businesses and consumers find each other.”

While Signpost’s new investor Google Ventures is separate from Google, Google is very interested in owning the hyperlocalization trend, specifically around improving search tools.

Visit Signpost at signpost.com for deals in your neighborhood.

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