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RentJuice acquires competitor Kahoots

Site also announces price drop for brokerages

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Following a $6.2 million round of financing, rental tech site RentJuice has acquired Boston-based competitor Kahoots, the site announced Thursday. Financial terms of the deal were not disclosed. With the move, RentJuice will also open a Boston office and Kahoots founder Janak Sanariya will stay on as director of East Coast operation for RentJuice. Kahoots' customer data will be integrated with the RentJuice technology platform. The platform, which RentJuice calls a "virtual rental office," allows property managers and landlords to share available properties, directly and in real time, with partner agencies that they select. In addition, the company offers tools to assist with advertising, lead management and lease paperwork, credit reports, background checks, and applications. As a result of the latest round of financing, the company also announced a price drop to its RentJuice Pro offering. Previously, RentJuice charged per user per month, so that a brokerage with fi...