G5 Nabs $15M from Volition Capital

8/10/10

Bend, OR-based G5, a search engine marketing company for mid-size companies, said today it has closed $15 million in first round financing led by Boston-based Volition Capital. As part of the deal Volition managing partner Roger Hurwitz, and principal Sean Cantwell, will join the G5 board of directors. The funding will be used for the further development of G5′s software platform, among other things. G5 currently serves over 160 clients and 2,400 properties in the self storage, multifamily housing, and senior living sectors. The company said its second quarter this year marked its 20th consecutive quarter of record revenue.

Thea Chard is a correspondent for Xconomy Seattle. You can e-mail her at theachard@gmail.com or follow her on Twitter at http://twitter.com/theachard. Follow @

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