Search
 

FacilityPro.com Garners $35 Mil in Venture Capital Package

ATLANTA-The local e-commerce firm gets $25 million in the first direct investment of a real estate industry consortium and another $10 million investment led by Austin Ventures. FacilityPro is a B2B electronic marketplace for commercial property managers and suppliers.

By Judith Schonbak | Updated on September 20, 2000

ATLANTA-FacilityPro.com’s second-round funding is a winner. Constellation Real Technologies is injecting $25 million into FacilityPro.com, the B2B electronic marketplace for commercial property managers and suppliers. On top of that, the e-commerce company received $10 million from other investors led by Austin Ventures.

Austin was the lead investor in FacilityPro’s initial financing. Constellation Technologies, formed by 11 of the nation’s largest owners, managers and developers of real estate, has anted up $135 million to invest in real estate-related e-commerce and telecommunications ventures.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.