AppFolio raises $22,000,000

Santa Barbara-based AppFolio Inc. has raised $22M in a Series B funding for the new software-as-a-service firm, initially focused on property management software.  “Complete property management and accounting solution.  Secure, company-wide access for everyone - from the office, on-site or home.  Step-by-step layout reduces errors and the need for help.  Comprehensive features help you track applicants, vacancies and other leasing information in one place.  One-click reports for delinquencies, vacancies and other data. Customize and email reports in seconds.  Instantly search across your entire database for people, units, addresses, or any information you need.”