Existing investor Qualcomm Ventures has returned to back the apartment rental website's $64m series C round, which will support an expansion into additional cities.
Brazil-based online property rental provider QuintoAndar raised R$250m ($64m) yesterday in a series C round that included Qualcomm Ventures, the corporate venturing subsidiary of mobile semiconductor producer Qualcomm.
The round was led by private equity firm General Atlantic and included venture capital firms Kaszek Ventures and QED Investors, as well as investment management firm Ruane, Cunniff & Goldfarb.
Founded in 2013, QuintoAndar operates an online platform to connect landlords with tenants looking for long-term residential rentals. Tenants can book viewings,…