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Proptech-focused VC firm Camber Creek eyes $120M fundraise

Real estate technology-focused venture capital firm Camber Creek is looking to raise $120 million for its latest fund, The Real Deal reported.

The firm, launched in 2011, has invested substantially in real estate technology, supporting more than 20 companies, including Latch, VTS, 42Floors, Nestio, and Vornado Realty Trust spinoff Why Hotel, the news outlet noted. So far, it has raised $50 million, including an initial $20 million fund and a $30 million second fund in 2017.

Camber Creek representatives did not comment on the matter, according to the report.