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RCA raises $115M

RCA Founder Robert White (Credit: TRD / RCA)

Real Capital Analytics (RCA) has raised $115 million from Susquehanna Growth Equity (SGE), the company announced in a press release. The investment included Series B equity as well as debt.

Backdrop: The real estate data company launched in 2000, and is now valued at close to $220 million.

Worth Noting: As part of the deal, Daily Mail Group Trust sold its 40 percent stake in RCA valued at $89 million to SGE. The remaining $26 million will be used for investments in data firms overseas, primarily in Europe and Asia.

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