Monday, April 28, 2008

LeadPoint Raises $6M

Los Angeles-based LeadPoint said today that it has raised $6M in a Series E financing. The round came from Silicon Valley Bank Ventures, as well as Redpoint Ventures. LeadPoint said the funding will go to "add bench strength to the company," launch new verticals, and expand marketing and sales. LeadPoint operates a lead exchange marketplace for helping lead buyers and sellers connect. The firm's leads include mortgage, refinancing, debt consolidation, auto purchase, and other leads. The firm has now raised $15.50M in investments since 2004. More information »