Building Engines, Inc., a Boston, MA-based provider of a commercial real estate web and mobile operations management platform, received a growth capital investment of undisclosed amount.
The round was led by Wavecrest Growth Partners, with participation from River Cities Capital Funds, MassMutual Ventures, Camber Creek Ventures and Hermes GPE.
The company intends to use the funds to continue to develop its platform and expand operations.
Led by David Osborn, founder and CEO, BEI provides cloud-based solutions that allow clients to manage over one billion square feet of commercial office, retail, medical office, industrial and mixed-use portfolios throughout the United States and Canada. The platform features management visibility, control, reporting and analytics tools to enable users to optimize property and portfolio performance.
Clients include public REITs, private owner/managers and third party management firms in the United States and Canada.