Seattle Roundup: MediaPro, LiveStories, Porch.com, SpaceView
As we noted earlier this week, it’s seemed a little quiet on the venture capital deals front so far this year. Washington saw the lowest number of VC deals in the first quarter since 1996, though many of those companies that did get funding collected bigger rounds. The picture didn’t change much this week.
Here are a few tidbits on funding for MediaPro, LiveStories, and SpaceView, and another partnership deal for Porch.com:
—MediaPro, a Bothell, WA-based company that helps businesses train their employees on corporate security, privacy, and compliance, announced a $5 million investment from Clovis Point Capital. The company says the funding will be used for sales and marketing, and to expand existing products and add new ones.
—LiveStories, which gave one of the more compelling presentations at the 2014 Techstars Seattle demo day, has raised a $1 million seed round from investors including Founder’s Co-op and Social Leverage. First backed by a grant from the Bill and Melinda Gates Foundation, the Seattle company is building data analysis and visualization tools geared for nonprofits and governments. The company noted in its news release that some investors offered funding only if LiveStories would focus exclusively on the private sector. “We politely declined those offers,” said founder and CEO Adnan Mahmud in a news release.
—Porch.com inked deals with 10 more real estate companies to provide them with its Porch Home Reports, which provides the history of remodeling projects and other information on a given home. Estately, HomeFinder.com, iHomeFinder.com, Tribus, PlanetRE, Properties Online, Torch X, Virtual Results, New Media MLS, and ListHub join previous Porch.com partners Realtor.com, Windermere Real Estate, and Moxi Works. The company says the reports will be available on 25,000 real estate sites nationally.
—Portland, OR-based SpaceView, which makes mobile design tools that help people measure living and work spaces and situate objects within them, won a $250,000 investment in the Oregon Entrepreneurs Network Angel Oregon Showcase this week.