Brivo Systems gets $75 million long-term credit facility via Runway

By Marisa Wong

Los Angeles, Nov. 9 – Brivo Systems LLC closed a long-term senior secured credit facility of $75 million with Runway Growth Capital LLC, according to a Tuesday press release.

Brivo said it will use the capital to continue developing its ecosystem of access control solutions that are foundational to PropTech and widely deployed via security integration partners around the world.

Brivo is s Bethesda, Md.-based provider of cloud-based access control and smart building technologies.

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