MediaPro closes first round of funding from Clovis Point Capital to accelerate growth.

April 22, 2015

MediaPro, the award-winning provider of corporate security, privacy, and compliance training, announced today that is has raised $5 million in funding from Texas-based Clovis Point Capital, LLC (“Clovis Point”). The investment will allow MediaPro to: augment additional sales and marketing resources to increase market share; expand its product and service offerings to address new market opportunities; and enhance its Security Awareness, Privacy Awareness, and Compliance Adaptive eLearning Libraries with new and enriched content.

Over the past year, hundreds of companies have adopted MediaPro’s Adaptive eLearning Architecture to deliver data protection and compliance training to their employees and partners. This new technology provides clients the ability to select and assemble individual training topics into tailored and branded courses. The courseware deliver times are reduced from months to just days. To reinforce the training, MediaPro also provides employee assessment surveys, phishing assessments, performance tracking and reinforcement materials.

“Clovis Point’s investment recognizes the unique value MediaPro’s industry leading technology brings to employee training,” said Steve Conrad, Founder and Managing Director of MediaPro. “Prior to our introduction of the Adaptive Architecture, businesses had to choose between investing in several expensive overlapping courses or developing their own custom course at great cost. With MediaPro Adaptive Library subscription, businesses can easily deliver the exact best-in-class training employees need to accomplish their business goals and objectives.”

“MediaPro has been able to develop an extensive and modular library of adaptable courseware content. This scalable business model provides a level of customization and speed of delivery that is unmatched in the market place,” said a spokesman for Clovis Point. “We are very impressed with the MediaPro team and are excited to partner with them to provide the guidance and capital needed to enhance their products and services in this high growth market.”

MediaPro has grown from a small Washington State business into one of America’s most highly regarded and awarded employee training companies. In addition to its security awareness, privacy awareness, and compliance courseware content, MediaPro will continue to create custom training solutions for enterprise corporations.

*Testimonials of portfolio company executives are provided to demonstrate the benefits of working with the Clovis Point team. They are not provided to solicit investors in a Clovis Point fund. The portfolio company executive featured in this testimonial is not an investor in a Clovis Point fund and no compensation was provided for such testimonial.

**The specific investment identified is not representative of all of the investments purchased, sold, or recommended and it should not be assumed that the investment identified was or will be profitable. No guarantee of investment performance is being provided and no inference to the contrary should be made. Past performance is not indicative of future results. Actual holdings will vary for each fund. A list of all Clovis Point investments is available upon request.

About MediaPro:

MediaPro is nationally recognized for producing award-winning learning solutions that reduce risk and improves end-user behaviors. The best-of-class training materials help companies meet their compliance requirements and safeguard business assets. In addition to training, awareness, and reinforcement products, MediaPro also develops custom courseware.

About Clovis Point Capital, LLC:

Clovis Point Capital is a Houston, TX-based growth equity firm that focuses on making investments in enterprise software and technology-enabled business service companies. The firm’s relationship-based approach utilizes its experience and expertise to help companies accelerate growth and realize their full potential.