LeadPoint Closes on Fifth Round of Funding

By Sean Fenlon on April 2, 2008

Private Equity Week reported this past week that LeadPoint has successfully completed its 5th round of funding. Below is the report from PE Week:

LeadPoint Inc., a Los Angeles-based online leads exchange marketplace, has raised $6 million in Series E funding, according to a regulatory filing. Backers include Redpoint Ventures, Estalea LP and Breakwater Ventures. The company has now raised over $15 million.

I can attest first-hand that it’s not exactly a friendly market out there right now for fundraising, so I tip my hat to CEO Marc Diana for getting home on the deal.


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