Brookfield Ventures leads Latch's $70 mln Series B round

Latch, a New York-based maker of a smart access system, has raised US$70 million in a Series B financing. The round was led by Brookfield Ventures, the technology investment arm of Canadian alternative assets manager Brookfield Asset Management. It was joined by Lux Capital, RRE Ventures, Primary Venture Partners, Third Prime, Camber Creek, Corigin Ventures, Tishman Speyer and Balyasny Asset Management. Brookfield Properties is installing Latch's system throughout its multi-family properties in development, the company said.

22 August 2018•5 mins read
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