SAN FRANCISCO-Local venture capital firm Partech International is betting money on Workspeed Inc., a New York-based startup with a self-titled software program that streamlines the commercial building management process.

Workspeed is a newly released workflow system that automatically routes requests to property management staff and vendors in accordance with customized rules, and allows for tenants to create their own service requests online. The program then allows everyone involved to track their progress, and stores a complete history of the request from creation to completion. Workspeed also provides easy access to important operating information and documents, such as leases and vendor contracts.

Workspeed’s partners represent over 400 million sf of office space. Partners include Apollo Real Estate Advisors, LLC, Archon Group, LP, Insignia Financial Group, Jack Resnick & Sons, Lawrence Ruben Co., Inc., Mack-Cali Realty Corp., Newmark & Co., Shorenstein Co. LP, Starwood Capital Group, Williams Real Estate Co., and Vornado Realty Trust. Investors, beside Partech, include Peregrine Systems Inc., a provider of packaged infrastructure management application software, and the company’s individual founders.

In step with this week’s launch of the product, Workspeed software is now being used at three commercial office buildings–600 California Street in San Francisco, and 1 Dag Hammarskjold Place and 600 Madison Avenue in New York City. Service will be phased in at more selected properties throughout the United States and overseas beginning next month.

The company was founded by Richard Ruben and Gilles Queru. Ruben, who serves as chairman, also is president of Lawrence Ruben Co., a leading New York-based real estate developer, investor and manager. Queru, Workspeed’s CEO, founded and directed Apsylog Inc., an international software company acquired by Peregrine Systems Inc., for which he became responsible for corporate development and strategic planning.

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