The real estate loans marketplace, founded at the end of 2013, has now raised $15m in the past year.
AssetAvenue, a US-based online platform for commercial real estate loans, raised $11m yesterday in a series A round featuring China-based internet company NetEase.
The round was led by venture capital firm DCM Ventures and included participation by private equity investment firm Matrix Partners.
NetEase and Matrix previously invested in AssetAvenue’s $4m seed round in June 2014, together with startup accelerator Launchpad LA, BAM Ventures and Vectr Ventures.
Founded in December 2013, AssetAvenue leverages its innovative technology platform to provide bridge…