AppFolio Buys RentLinx

Santa Barbara-based AppFolio, which develops cloud-based business management software, has acquired RentLinx, a developer of software to help syndicate rental housing listings to apartment search websites. Financial terms of the buy were not disclosed. RentLinx also runs the apartment rental search site Show Me The Rent. AppFolio said it will use the buy to expand the company's property management service offerings. AppFolio is led by Brian Donahoo. RentLinx was based in San Diego.