RentJuice Closes $6.2M Financing
Published On February 1, 2011 |
RentJuice, a San Francisco, CA-based online platform that connects prospective renters, brokers and property managers to each other in real-time, has closed a $6.2m financing.
The round was led by Highland Capital Partners, with participation from Tim Draper, who led the company’s seed financing.
As stated by David Vivero, cofounder and CEO of RentJuice, the company will use the funds to speed up development of the platform and expand to property managers and leasing agents all across the country. It is currently available in New York, Boston, Chicago and Miami.
As a direct result of this round of financing, RentJuice is hiring new professionals (http://www.rentjuice.com/company/careers).
The platform is designed to allow property managers and landlords to share their availabilities with select partner agencies in real-time, eliminating information delays and inaccuracies.
In conjunction with the funding, Peter Bell, general partner at Highland will join Vivero and John Zdanowski, former CFO of Linden Lab/Second Life and Market Leader, on RentJuice’s Board of Directors.
The company was founded in 2009.