Guesty, a startup that designed a property management software used by hosts who list through sites like Airbnb and Booking.com, just raised $50 million and purchased competitor Your Porter.

The Israel-based company has been on a steady track of growth and expansion lately — two years ago, it secured $35 million in Series C funding and, last month, acquired Y Combinator-backed property management platform MyVR.

The latest Series D funding round is led by Apax Digital Fund and also includes AMI Opportunities Fund as well as existing investors Viola Growth, Flashpoint, Vertex Ventures, Kingfisher Investment Advisors and La Maison Partners. On the same day, Guesty announced that it has acquired Your Porter, a smaller property management company specializing in family-run rentals.

“In the public markets, there are many players in hospitality property management,” Guesty co-founder and CEO Amiad Soto said in a statement. “The same thing goes with residential property management. In short-term rentals, there’s no public player — you can bet your money that we are eyeing that target.”

Guesty

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