Navent Raises US$30 Million from Riverwood Capital, Tiger Global Management (Latin America)

Source: TechCrunch  |  Author: Natasha Lomas

Global technology-focused private equity firm Riverwood Capital and hedge fund Tiger Global Management have invested US$30 million in Navent, an operator of several Latin America-focused websites. Navent operates Brazilian and Mexican real estate rental websites ImovelWeb and Mercadoi, respectively, and Latin American job website Bumeran. Navent will use proceeds from the investment to fund the expansion of these websites, as well as the development of real estate rental websites in Peru and Ecuador, AdondeVivir and Plusvalía.