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VTS raises $21 mln from OpenView and Blackstone

VTS said it raised $21 million of Series B financing in a deal led by OpenView Venture Partners and joined by existing investors. The New York based company that is developing asset-management software for the commercial real estate market has now raised a total $32 million.

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Blackstone invests in VTS

VTS has received an undisclosed investment from Blackstone. Based in New York City, VTS is a commercial real estate asset management and leasing platform.

Craton Leads $60M Round for Bridgelux

Craton Equity Partners led a $60 million Series E round for Bridgelux Inc., a developer and manufacturer of LED lighting technologies. A laundry list of existing and strategic investors also participated in the round, including VantagePoint Capital Partners, DCM, El Dorado Ventures, Novus Energy Partners, Invus Group, VTS, Harris & Harris Group and Passport Capital. The company said the infusion will help it bolster research and development efforts. David Asarnow, a principal at Craton Equity, will join the Bridgelux board as an observer.

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