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JMI Equity leads $50m round for ButterflyMX

ButterflyMX, a creator of smart video intercoms, package rooms, keypads, elevator controls, key lockers, and other access control technology for multifamily, commercial, and student housing properties, has raised $50 million in funding.

ButterflyMX, a creator of smart video intercoms, package rooms, keypads, elevator controls, key lockers, and other access control technology for multifamily, commercial, and student housing properties, has raised $50 million in funding. JMI Equity led the round with participation from Volition Capital, Egis Capital, and RiverPark Ventures.

Source: Press Release