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.
Author: Thea Chard
Before joining Xconomy, Thea spent a year working as the editor of another startup, the hyperlocal Seattle neighborhood news site QueenAnneView.com. She holds a bachelor's degree from the University of Southern California, where she double-majored in print journalism and creative writing. While in college, Thea spent a semester studying in London and writing for the London bureau of the Los Angeles Times. Indulging in her passion for feature writing, she has covered a variety of topics ranging from the arts, to media, clean technology and breaking news. Before moving back to Seattle, Thea worked in new media development on two business radio shows, "Marketplace" and "Marketplace Money" by American Public Media. Her clips have appeared in the Los Angeles Times, the Santa Monica Daily Press, Seattle magazine and her college paper, the Daily Trojan. Thea is a native Seattleite who grew up in Magnolia, and now lives in Queen Anne.
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