RentJuice, a tech company that seeks to connect renters, brokers and property managers by providing a platform to share new rental listings data, today announced that it has closed a round of $6.2 million in financing that will help expand the business model nationwide.
Founded in San Francisco in 2009 by CEO David Vivero and Chief Technology Officer Kunal Shah, RentJuice launched in New York last month and also is in use in Boston, Chicago and Miami.
The company’s online platform allows property managers and landlords to share available properties, directly and in real time, with partner agencies that they select.
And the company offers other tools to assist with advertising, lead management and lease paperwork, including credit reports and background checks. The platform also allows landlords and property managers to store and digitize applications.
The latest round of funding was led by Highland Capital Partners and Draper Fisher Jurvetson founder Tim Draper, and comes six months after a seed investment.
Peter Bell, a general partner at Highland Capital Partners, said in a statement, "We look forward to being instrumental in bringing RentJuice to cities nationwide."
Vivero and Shah have previous experience at tech companies including Salesforce.com, Market Leader and Vimeo.
In a separate announcement today, apartment marketing and leasing tech company VaultWare is offering free, dedicated websites to all U.S. apartment communities.
The VaultWare Places websites provide for customizable features, including "photo galleries, floor plan details, pricing and social media links," and property managers can choose to use an existing Web address and use Google Analytics to track visitor activity at the VaultWare Places websites.
The sites also integrate with the company’s other service offerings, including online marketing and leasing tools, and online rent payments and applications via the company’s third-party partners.