Monday, May 7, 2007

Leadpoint Adds $2.5M

Los Angeles-based Leadpoint, a firm that develops an online marketplace for buying and selling leads, has pulled in $2.5M as part of a $3.53M Series D round, according to a regulatory filing cited by publication Private Equity Week. Marc Diana, CEO and founder of Leadpoint, told socalTECH that he had no comments at the current time on the report. The funding reportedly came from existing backers Redpoint Ventures, Estalea LP, and Breakwater Ventures. Leadpoint offers an online exchange for mortgage loans, home equity, student loan consolidation, auto warranties, and other types of lead-driven businesses. Leadpoint most recently raised $2.0M in a Series C round in October of 2006, from the European Founders Fund. More information »