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ACQUIRED COMPANY
 
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OpsTechnology  Acquired by RealPage (2008  amount undisclosed )

140 Geary St. 5th Floor
San Francisco, CA 94108
USA
(415)-222-6996
Website Company Summary Management Team
Management

President/COO/Operations: Sukhi Singh (1999)
Finance: Kevin Braun
Technology: Ken Murai (2004) ; Michael Lin (2003)
Board

Outside board: (May no longer be on the board) Leslie Fox (Equity Residential)
Company

Business description: OpsTechnology is the Real Estate Industry’s leading provider of specialized software solutions for Property Operations. Leveraging leading edge technology and industry recognized best practices; OpsTechnology has developed and deployed its applications nationwide. OpsTechnology’s customers use our solutions to centralize, automate and control a series of interrelated operations disciplines critical to effectively managing and operating real estate. OpsTechnology’s Spend Management Solution, OpsBuyer™ Enterprise is designed to provide Real Estate Organizations with the ability to manage compliance, access real time budget and expense data, eliminate data entry, control expenses, automate approvals and analyze expense detail in a single integrated application. OpsTechnology’s solutions were developed by both Real Estate and Software Industry veterans who continue to build systems that are easy to use, implement and support, so you can concentrate on refining your operations, instead of managing software systems. Today OpsBuyer™ is installed in several of the leading management companies along with their suppliers.
Customers include: BRE Properties Camden Property Trust;  Crest Asset Management;  Equity Residential Properties Trust ;  KSI Management ;  Lane Company ;  Lincoln Properties;  Multifamily REIT;  Reality Management;  S-J Management;  Trammell Crow Residential;  TVO Realty Partners;  United Dominion Realty Trust;  Whirlpool
Partners include: DellDeloitte ConsultingOracleSAP Labs U.S.Sun MicrosystemswebMethods;  A2i;  Waterton Associates;  Whirlpool
Capital

Rounds: 4
Recent Fundings: Jul 2004   Mar 2001
Capital raised: 16.0M
Last Round: 4.0M
Ownership: Acquired by RealPage (2008  amount undisclosed )
VCs include: Vortex PartnersSapphire Ventures;  Crest Opportunity Fund IX;  Internet Realty Partners;  Equity Residence Partners
Corporate investors: Camden Properties

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Last Mentions


Overview
Record updated: Mar 2008
Sector: Software
Year Founded: 1999
Rounds: 4
Recent Fundings: Jul 2004   Mar 2001
Capital Raised: 16.0M
Last Round: 4.0M
Ownership: Acquired by RealPage (2008  amount undisclosed )