More financial validation of the apartment rental sector with news that Germany-based 9Flats has secured a round of funding led by US venture capital firm Redpoint Ventures.
Terms of the funding package were not disclosed but the round brings the total level of investment in the business to $10 million in the six months since the business launched.
The round also included investment from eVenture Capital Partners and BV Capital.
Read the full story at: http://www.tnooz.com/2011/05/17/news/9flats-apartment-rental-platform-brings-total-funding-to-10m/
