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VTS raises over $125m in Series E funding round led by CBRE

VTS, a commercial real estate technology platform, has secured $125 million in a Series E funding round led by existing VTS customer and investor CBRE Group, Inc, which is providing $100 million of capital and will join VTS’ Board of Directors. 

Other investors include BentallGreenOak, AmTrust, Brookfield Ventures, and Insight Venture Partners, among others.
 
The latest funding round comes as VTS also recently secured $150 million in debt financing from Canadian-based CIBC Innovation Banking, totalling $275 million in new funding. The capital will ensure that VTS continues to accelerate its product innovations, continues to source strategic acquisitions, and attract top talent – with team expansion in the US, UK, and Canada a major focus for the company. 

In addition to its capital investment, CBRE will partner with VTS to roll out the VTS Platform, with unique enhancements and integrations, as the technology platform of choice for its agency leasing and property management teams starting in the US. This partnership deepens the existing relationship between VTS and CBRE and underscores CBRE’s commitment to giving its brokers and property managers a competitive advantage through innovative technology.
 

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