RealtyMogul.com, a marketplace for real estate investing, has raised $35 million in Series B financing led by Sorenson Capital. Canaan Partners, which led the company’s Series A round, also participated. RealtyMogul plans to use the money to expand further across the U.S. and to strengthen its technology platform. “We’re excited to be partnering with Sorenson Capital and Canaan Partners for this next stage of our growth,” said Jilliene Helman, CEO of RealtyMogul.com. “Their investment underscores RealtyMogul.com’s innovative technology for the full stack of real estate transactions, both debt and equity, and will help bring the $11 trillion commercial real estate market into the 21st century.”
Marketing solutions provider Demandbase has raised $30 million in a financing round led by Sageview Capital. Adobe Systems, Altos Ventures, Costanoa Venture Capital, Greenspring Associates, Salesforce.com Ventures, Scale Venture Partners and Sigma West all participated in the funding round. Demandbase has now raised more than $90 million to date and will expand domestically and in abroad with the new funds. “We already see customers spending 10X more on ABM than they spend on Marketing Automation tools, and the category will continue to explode over the next several years,” said Chris Golec, CEO of Demandbase. “The additional $30 million investment will allow us to capitalize on this market trend faster and commercialize several ground-breaking innovations in ABM to help keep our customers ahead of their competition.”
Zesty, a healthy food delivery company, has raised $17 million in Series A funding, TechCrunch reports. Index Ventures led the round, with participation from Founders Fund and Forerunner Ventures. The company will use the funds to expand beyond San Francisco and has now raised a total of $20.7 million.
Leasing and asset management platform VTS has raised $21 million in Series B financing. OpenView Venture Partners led the round, with participation from existing investors. The company’s software is aimed at the commercial real estate market and it has now raised a total of $32 million. “We’re thrilled to work with OpenView and existing investors that together have deep domain expertise in both SaaS and real estate tech,” said Nick Romito, Co-Founder and CEO in a press release. “Having come from the world of commercial real estate, our team is fully aware of the challenges and needs of today’s brokers and landlords, but, we’re also aware of the massive opportunities. As one of the most networked industries in the world, commercial real estate is hungry for a single standard and VTS is stepping in to fill that role. We’re truly driving the shift to real-time data usage across the industry.”