G5, which operates an online self-storage directory, announced this week it has secured $15 million in funding. The developer of marketing software, based in Bend, Ore., will use the money for software development and marketing.
Dan Hobin started G5 five years ago with the intention of providing localized marketing for his brother’s self-storage centers. Bill Hobin is president of The William Warren Group, which operates StorQuest Self Storage. G5 also works with Metro Self Storage.
G5 operates online directories and offers marketing tools to help companies generate more Web traffic. The company serves more than 160 customers and 2,400 properties in housing, self-storage and senior living marketing sectors, and employs 80 people.
The funding was led by Volition Capital. Volition Capital's Roger Hurwitz and Sean Cantwell will join G5's board of directors.
Source: Red Herring, G5 Scores $15M to Help Local Go Global