Raleigh-based Southern Capitol Ventures (www.southerncapitolventures.com), a venture capital firm, has participated in a $4 million round of Series B funding for DoublePositive Marketing Group, a Baltimore sales lead company. Other investors in the round include Hamilton Investment Partners of New York and Slate Venture Group of Maryland; existing investors include The Grosvenor Funds of Washington, D.C., and WWC Capital Group of Reston, Va. DoublePositive has developed a way to generate real-time Internet sales leads; it compiles data from online advertising to generate most of its leads.
Southern Capitol Ventures is a CED member.