Bessemer Venture Partners and Thrive Capital led a $6.5 million in series A financing round for Hightower, an online platform for the commercial leasing industry, according to company’s report.
Previous investors, including RRE Ventures, Red Swan Ventures, David Tisch, Lee Linden and Brandon Shorenstein, also participated in the round. The funding comes just eight months after Hightower’s $2.1 million seed round in December 2013.
Hightower’s cloud and mobile technology provides a powerful dashboard for the commercial real estate industry, introducing efficiency, transparency and analytics to a market long underserved by technology.
“When I was a commercial broker I was always amazed at how few tools there were to help me do my job,” says Hightower CEO and cofounder Brandon Weber. “Over the past 12 months, we’ve seen a remarkable shift in the industry. The most sophisticated owners and brokerage firms have now awakened to the reality that technology and analytics can dramatically improve their businesses. We’re excited to power that transformation.”
Tags: Venture Capital, Venture Capital Firm, Venture Capital Group, Venture Capital Industry, Venture Capital Investment, Venture Capital Investor, Venture Capital Fund, VC Funding, VC, Bessemer Venture Partners, Thrive Capital, Hightower, Online Platform, Commercial Leasing Industry, RRE Ventures, Red Swan Ventures, David Tisch, Lee Linden, Brandon Shorenstein, Real Estate, Real Estate Industry, Brandon Weber.