G5 Nabs $15M from Volition Capital

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.

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.