SoftBank Innovation Fund has chipped in for a round that valued the rental listings marketplace at $4bn, increasing its overall funding to $635m.

Brazil-based rental e-commerce platform operator QuintoAndar has secured $300m in series E funding from investors including internet and telecommunications group SoftBank’s Innovation Fund, TechCrunch reported today.

Venture capital firm Ribbit Capital led the round, which included Alta Park, Dragoneer Investment Group, Kaszek Ventures, LTS, Maverik, private investor Kevin Efrusy and an unnamed US-based asset management firm with more than $2 trillion under management.

Founded in 2012, QuintoAndar has built an online real estate marketplace featuring over 100,000 properties for rent…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
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