User:JasperJonathan/MyNewPlace

MyNewPlace is one of the United State's largest apartment listing websites.

History
MyNewPlace was founded by John Helm in 2005, and went live at www.mynewplace.com in May 2006 with 6 million apartment listings nationwide. The San Francisco-based companies operates on a Pay-per-Qualified-Lead pricing model, in which apartment managers pay only when renters contact them through their listings on MyNewPlace.

Founder
MyNewPlace was founded by John Helm, who previously started AllApartments/SpringStreet, which became the internet's biggest apartment rental site before its sale to Homestore/Move.com in 1999.

Website Features
MyNewPlace is known in the apartment industry for its web 2.0 features, including flexible apartment search and integrated maps. MyNewPlace was also the first apartment rental website to incorporate social networking features like Facebook Connect and Post to Twitter. In July 2009, MyNewPlace launched a MyNewPlace iPhone app, incorporating GPS-based apartment search and the ability to take notes and photos on listings.

Investors
MyNewPlace has venture backing from SplitRock Partners, Sutter Hill Ventures, and Trinity Ventures, and is also backed by some of a number of real estate investment trusts, including United Dominion Realty Trust (UDR), Essex Property Trust, Marcus & Millichap Venture Partners, ConAm Management Corporation, The Lane Company, and Cowboy Properties.