dmgi news

Funcent Press Release

3 years ago


19th May 2015

Press Release               

dmg information Asia Pacific invests in Chinese property data company Funcent

dmg information Asia Pacific is announcing its first investment into the Chinese property information market. dmg information is the B2B subsidiary of DMGT, a global investor in media and information with $3bn of revenues quoted on the London Stock Exchange.

dmg information has made a strategic investment in Funcent and will increase its stake in the business over the next few years. Funcent is a third party information provider specializing in providing data and workflow solutions to real estate valuation companies and commercial banks in China. It currently mainly serves the residential market, but it is expanding into the commercial real estate market.

Funcent was established in 2010 and it is based in the southern Chinese city of Shenzhen. Its Cloud Appraisal System (CAS) is a subscription based mobile SaaS data workflow and price enquiry platform designed for valuation companies. They have also developed a risk management platform for mortgage lenders to manage their property lending portfolios and recently won their first major customer.

The funds raised will be used to expand further the Funcent sales and marketing capability right across China and further penetrate into valuation companies and mortgage banks based in Beijing and Shanghai.

Stephen Stout, CEO of dmg information Asia Pacific said, ‘we are delighted to have the opportunity to enter the Chinese property information market with Funcent, which is a business we believe has great potential to rapidly expand in the next few years. With our knowledge of the property markets in other countries and the similarity of the Funcent products to those provided by other dmg information companies, we believe we can bring considerable value to the business and this is why Funcent chose to work with us’.

Jason Sun Yie, CEO of Funcent said, it is a great moment in the Funcent story for us to have an investor such as DMGT. We look forward to a long and mutually beneficial relationship, as we work to establish our company as the market leader in the provision of property valuation data in China.


About dmg information

dmg information (dmgi) comprises a portfolio of B2B, high growth, innovative, must-have information media businesses in the property, education, energy, commodity and structured finance sectors, primarily in the US and Europe, but expanding globally. 

About DMGT

DMGT is an international business built on entrepreneurship and innovation.  We bring together leading companies and talented people to provide businesses and consumers with high-quality analysis & insight, information, news and entertainment.

Group revenues are split across our five operating businesses.

The B2B businesses are:

Risk Management Solutions (RMS)
dmg information
dmg events
Euromoney Institutional Investor plc

The Consumer business, known as dmg media, includes:

The Daily Mail and The Mail On Sunday

We also hold shares as joint ventures or associates. These include

Zoopla Property Group* (Zoopla & Prime Location)
Local World

DMGT’s ambition is to provide the highest quality content and services, across the most attractive growth markets in innovative, responsible and sustainable ways, building on its track record of earnings and dividend growth.

*c30% share

Disposal of Lewtan has been completed

4 years ago
We would like to announce that we have completed the disposal of structured finance market analytical tools and data provider Lewtan to Moody’s Corporation. Lewtan’s revenues were approximately $25 million in the year to 30 September 2014, and the company will become part of Moody’s Analytics’ Structured Analytics and Valuations business, which provides an extensive data and analytics library for securitised assets. A spokesperson from Moody’s says that the strong position enjoyed by Lewtan in Europe will allow Moody’s to expand its reach and broaden its product offering.

Cougar Software is poised for exponential growth with new investment

4 years ago

July 3, 2013: Riding on the success of strong year-over-year growth, Cougar ( announced that the company has completed its first round of funding with dmg information (dmgi).

Cougar is well known in the property sector as a leading provider of budgeting, planning and forecasting solutions exclusive to the Real Estate Industry, and enables its users to easily make strategic decisions using sophisticated financial modeling.

“The timing of this investment couldn’t be better,” said Oren Rosen, CEO, Cougar. “Over the last five years we have been building a foundation for growth by steadily increasing market penetration in North America, Europe and Asia Pacific. With the strategic and financial backing of dmgi, we can continue our demonstrated track record of customer-driven product innovation and put our foot on the accelerator to increase penetration in these markets.”

“We value dmgi’s expertise in the property industry and look forward to working with investors that are focused on an invest-to-grow strategy.”

Read more about this here

dmgi strengthens portfolio investment in SiteCompli

4 years ago

The deal demonstrates our continued commitment to bringing increased transparency to the important New York City real estate sector.

Meeting the growing demand from leading real estate organisations looking to maintain compliance with local laws, the business will use SiteCompli to stay one step ahead by delivering up-to-the-minute information before it becomes a costly issue.

We invest in and develop groups of high-growth, innovative companies that provide high value B2B information and software services. This latest partnership will bolster the business’ existing product offering while enabling SiteCompli to continue its rapid growth and leading position as an essential information platform for real estate organisations.

Founded in 2008 by Jason Griffith and Ross Goldenberg, SiteCompli provides breakthrough technology that automatically and continuously updates and aggregates critical data for property owners and managers throughout New York City.

Commenting on the investment, our CEO, Suresh Kavan, said, “SiteCompli is an exceptional business led by a terrific team. It really delivers value to its customers on the operational side of the commercial real estate sector, cracking the code on marrying technology to big data and delivering impactful and critical insights that save its customers significant costs and provide them with decreased risk, efficiency gains and, ultimately, safer and better buildings.

“Jason, Ross and the extraordinary team at SiteCompli have built a great business that delights their customers with innovative products and we look forward to supporting them as they continue to grow their business. In particular we believe that there are a number of benefits that our family of commercial real estate companies can bring to the Company’s products and customers.”

Jason Griffith, SiteCompli Co-Founder, said, “We are excited to partner with dmgi and its portfolio companies for this next chapter in SiteCompli’s growth.” Co-Founder Ross Goldenberg adds, “Through the synergy created by this partnership, we look forward to bringing new insights and information to our clients and the real estate industry as a whole, ushering in an unprecedented era of transparency and risk mitigation into the sector.”

dmgi leads investment in Skymet

4 years ago

dmg information Asia Pacific has led a syndicate of investors who will be investing approximately $4.5million in SkymetWeather Services, India’s leading provider of risk solutions for weather and agriculture. The Series B venture financing comes from a syndicate that includes returning investors Omnivore Partners, a venture fund investing in early stage agriculture & food technology companies in India.

Skymet, founded in 2003, is India’s first private weather monitoring service, with the largest network of automatic weather stations (AWS) in the country. Skymet provides clients with accurate short-range, medium-range, and seasonal weather forecasts, along with agricultural risk solutions including crop area/yield forecasts, remote sensing, and agricultural insurance product development. Skymet also launched India’s first consumer weather website,, and has developed an Android app on the same platform.

The funds raised are intended to be used to expand Skymet’s weather monitoring network, to introduce new instrumentation for tracking hail and frost, to invest in R&D for weather forecasting and crop area/yield forecasting, and to expand the market for its services in India and abroad. Skymet will also re-launch its website on Wednesday 20 August, going beyond India to target consumers across Asia and Africa The new website will provide weather forecasts in seven languages, including Hindi and Marathi.

Stephen Stout, CEO of dmg information Asia Pacific said, “We are thrilled to partner with Skymet and lead this venture funding. Climate variability is a growing threat worldwide and we believe that India will benefit hugely from the expansion of Skymet’s weather monitoring network and development of accurate agricultural statistics. We look forward to working with Jatin Singh and his impressive team.”

According to Jatin Singh, Founder/CEO of Skymet, “Skymet helps companies, governments, farmers, and consumers to manage risk from weather and agriculture.  We’re very excited to have the support of DMGT as we scale up and bring our solutions to a wider audience.”

Mark Kahn, Founding Partner of Omnivore Partners, said, “It’s been great watching Skymet grow exponentially over the past three years, now culminating with investment from DMGT. We see Skymet delivering tremendous value to India’s agricultural sector in the coming years.”

Senate Republican Leader Mitch McConnell Visits High-Tech Innovator Genscape

5 years ago

Genscape, Inc. Senate Republican Leader Mitch McConnell Visits High-Tech Innovator Genscape, Recently Voted a “Best Place to Work” in Kentucky; Described as “at the Vanguard of a New Industry,” Genscape to Showcase Its Proprietary Approach to Increasing Transparency Across Commodity and Energy Markets. Read the press release:

Genscape is featured in the Wall Street Journal!

5 years ago

Traders Seek an Edge With High-Tech Snooping

A helicopter lifted off recently from an airfield in this remote oil town, scudded low across the flat industrial landscape and trained a heat-sensitive camera at the huge storage tanks below.

Its mission: Gather intelligence for Wall Street.

The grainy, infrared reconnaissance images betrayed how much oil was in each tank. That gave Genscape Inc., the company that conducts the flights, a remarkably accurate preview of a market-moving U.S. government report on oil supplies. Traders, hungry to get a jump on the official data, are willing to pay a hefty price for that intelligence.

Click here to read more



5 years ago

dmg information (“dmgi”),  has agreed to acquire the entire share capital of DIIG EUROPE for consideration of £75 million, from Decision Insight Information Group (“DIIG”), a portfolio company of the US private equity firm TPG Capital.

DIIG EUROPE is the UK and Ireland’s leading property searches group, primarily delivering residential and commercial property search results to legal professionals, and is based in Kent, England with additional offices in Edinburgh, Scotland and Dublin, Ireland.

DIIG EUROPE’S (“DIIG(E)”) business comprises SearchFlow Limited (England & Wales,, Millar & Bryce Limited (Scotland,, Rochford Brady Legal Services Limited (Ireland,, Decision Insight Hub Limited (also known as NLIS Hub) and Decision First Limited.

The acquired businesses had revenues of £69 million and operating profit of £6 million, adopting IFRS, for the year to 31 December 2012.

The acquisition is complementary to dmgi’s existing businesses in the property sphere and is consistent with dmgi’s strategy of adding products and services to enhance its overall offering.

Marshall King, CEO of DIIG(E), said: “DIIG(E) is a natural fit for dmgi and we will benefit from their long term commitment to the UK property information market. We have just had a strong year achieving record customer satisfaction and offering new products and solutions from a wide range of providers to our extensive customer base in the UK and Ireland.”

Suresh Kavan, CEO of dmgi, said: “Acquiring this group of outstanding companies will greatly increase our strategic reach at a time of great opportunity in the property information industry. We are delighted to welcome them to our portfolio of companies.”

Landmark supports the team in achieving Chartered Geographer status

5 years ago

Landmark Information Group, the UK’s leading supplier of digital mapping, property and environmental risk information, has announced that three of its team have now been awarded Chartered Geographer (CGeog) status from the Royal Geographical Society. The professional accreditation recognizes competence, experience and professionalism in the use of geographical knowledge as well as promoting skills and professionalism in the workplace. Read the rest of the article here

EDR Introduces Lightbox

5 years ago

Introducing a Better Way to Review Data

Change the way you view your environmental data.  When you order any EDR Value Package* you can now streamline your data review using one online interface, the EDR Lightbox.

Here are just a few highlights of what EDR Lightbox can do for you:

Streamline Your Data Review

  • Eliminate the need to open and print dozens of large PDF files to review your Phase I data
  • View layers of historical and government data together for quicker analysis and REC determinations
  • Gain direct access to Google Street View – it’s integrated within EDR Lightbox
  • Easily measure distances between sites
  • Quickly draw and compare locations of structures across time and multiple historical sources


Save Time Creating Custom Site Location Maps

  • Draw on, outline, label, annotate and add arrows to your EDR reports
  • Transfer your drawings onto multiple report images to show property information on various years of coverage
  • Draw as many shapes as needed, and easily export the views you create
  • All imagery and EDR Reports come with copyright permissions to include in your Phase I Report