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Zillow Grabs Another Big Round Of Cash
As the Wall Street Journal reported this morning, real estate and local search site Zillow announced another round of investment — this time a whopping $30 million. That means the company has raised roughly $90 million since launching in early 2006. Among other intended uses of the money, the site will be growing its sales force, which currently stands at 20.
Zillow is one of a number of “Web 2.0” real estate sites that have shaken up the landscape in the past 12 – 18 months. Zillow’s Vanessa Fox (formerly of Google) will be speaking at SMX Local & Mobile.