LeaseAccelerator Raises $30M, Eyes International Expansion

Reston, Va.–based LeaseAccelerator said it will expand its international presence after raising $30 million in Series B funding.

Insight Venture Partners, a New York VC and private equity firm, led the funding round. Managing Director Peter Sobiloff will join the company’s board in the deal.

LeaseAccelerator makes an accounting platform to help companies manage leases on real estate, computers and vehicles. The company said it is looking to better serve multinational customers with a worldwide expansion. It will also invest in R&D as it looks to expand use cases to more industries, CEO Michael Keeler said in announcing the funding.

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