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JumpStart Ventures' Portfolio Company DIY Real Estate Solutions Sold

Tuesday, May 11, 2010

Excerpt of story provided by Crain's Cleveland Business
Written by Chuck Soder


One of JumpStart Inc.'s portfolio companies has been sold, marking the first exit from an investment by the publicly financed venture development firm.

DIY Real Estate Solutions of Pepper Pike has been acquired by another property management software company, Yardi Systems Inc. of Santa Barbara, Calif.

JumpStart, which assists and invests in startup technology companies, would not disclose how much the company was sold for, but chief marketing officer Cathy Belk said the organization received more than a 20% return on its $350,000 investment in DIY...
 
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