MultiFamily Technology Solutions Secures $3,050,000 New Financing Round

  • Feed Type
  • Date
    9/30/2008
  • Company Name
    MultiFamily Technology Solutions
  • Mailing Address
    343 Sansome Street San Francisco, CA 94104
  • Company Description
    We are creating the largest and easiest-to-use online marketplace for apartment rentals, connecting renters and owners of all types of properties. When renters find their new place on MyNewPlace and move in, participating properties offer cash back. Property owners get a no-risk, performance-based solution for filling their vacancies: They do not pay for advertising, instead, they pay for leases.
  • Website
    http://www.mynewplace.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $3,050,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Split Rock Partners
  • Venture Investor
    Sutter Hill Ventures
  • Venture Investor
    Trinity Ventures