VTS, a NYC-based commercial real estate management and leasing platform, raised $55m in Series C funding.
The round was led by Insight Venture Partners with participation from existing investors OpenView Venture Partners and Trinity Ventures.
The company, which has raised a total of $84m to date, intends to use the funds for global expansion and product innovation.
Co-founded by Nick Romito, CEO, and Ryan Masiello, CRO, VTS operates a leasing and asset management platform that provides real-time portfolio analytics to the landlords and brokerage firms. It allows brokers and owners to manage deal activity, identify trends and quantify portfolio performance from their desktop or mobile device, by also integrating with key data resources like Argus, MRI, S&P Capital IQ, CompStak andiPreo.
Customers include LaSalle Investment Management; RXR Realty; Angelo, Gordon & Co. etc.