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Venture MLS Invests In SavvyCard

Chino Hills-based Venture MLS, a real estate focused venture capital firm which was founded by a multiple listing service (MLS), said it has made an investment in SavvyCard, which provides software for real estate marketing, lead generation, and targeted advertising. Financial details of the investment were not announced. According to Venture MLS, the investment is tied to an announcement with California Regional MLS, which it says is the nation's largest multiple listing service, on adopting SavvyCard's product for its users. Venture MLS fund is managed by Art Carter, who is also the CEO of the California Regional MLS (CRMLS).