DepotPoint Raises $2M More

8/11/10

Bellevue, WA-based DepotPoint, a provider of a Web-based tracking platform for the real-estate foreclosure market, has raised $2 million in equity out of a $4.5 million offering, according to a regulatory filing. In 2008 the company raised $7 million in a Series C round led by OVP Venture Partners and Trident Capital. In the same year DepotPoint launched a free site providing access to street addresses for some 1.2 million properties undergoing foreclosure across the U.S. The company was founded in 2005.

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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