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AssetAvenue Raises $11 Million Series A Funds

Wednesday, April 8, 2015 5:33:00 AM PDT | VentureDeal
   Los Angeles, California  --  Financial services technology company AssetAvenue has received $11 million in its first round of institutional venture capital investment.

AssetAvenue has developed a marketplace to provide investors with "institutionally vetted real estate opportunities."

DCM Ventures led the round, which also included previous investors Matrix Partners, NetEase and others.

The company did not say how the proceeds from the financing would be used.

AssetAvenue previously raised $3 million in its seed stage financing round in September 2014.

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