Including investments from the Bend Venture Conference, Hubb announced Wednesday that it has raised $3 million during its fall funding round.
The Vancouver, Washington-based company, which designed a software-as-a-service platform for event and meeting planners, received the most money of the 14 companies that presented at the conference last week. Hubb came away with more than $2.5 million Friday from a mix of Oregon-based venture funds. The largest amount came from the Portland-based Oregon Angel Fund, which provided a check for $1.75 million during the award ceremony.
Elevate Capital Management, a Portland fund that focuses on women and minority-led startups in Oregon and southwest Washington, also contributed to the round. The BVC LLC, which provides money to a growth-stage finalist at the Bend Venture Conference, gave Hubb $140,000, outside of the funding round.
Hubb was one of 10 companies that received investment during the 13th Bend Venture Conference, which set a record among angel conferences in the Pacific Northwest by giving out more than $3.7 million in awards and investment.
According to the company’s news release, Hubb also raised $1 million during a separate funding round earlier this year.
—Bulletin Staff Report