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TenantBase Takes $10.7M

Santa Monica-based TenantBase, which is developing a technology-enabled, commercial real estate brokerage firm, announced on Wednesday that it has raised $10.7M in a funding round. The funding was led by Stonecutter TenantBase Investors LLC, an affiliate of New York-based Stonecutter Capital, and also included other existing investors, including Razor's Edge Ventures. The company said it will use the funding to accelerate technology and brokerage hires, plus for nationwide expansion. TenantBase is led by CEO and co-founder Bennett Washabaugh. TenantBase currently allows users to search for commercial office space across Los Angeles, Atlanta, Dallas, Nashville, and Orange County. More information »