Friday, May 25, 2007

Trulia.com Closes $10 Million Financing Led by Sequoia Capital : RISMedia



"Trulia.com announced that it has secured a $10 million Series C round of funding led by Sequoia Capital, which also includes previous venture investors Accel Partners and Fayez Sarofim & Co. The investment will fund Trulia's general operations and enable the company to expand its team of real estate and search technology experts, deepen marketing and sales efforts and develop new products and services aimed at helping consumers make smarter decisions about buying and selling homes.
'We're thrilled to have the support of Sequoia Capital and our existing investors to help us to fully realize our vision to deliver a great online real estate experience,' said Pete Flint, co-founder and CEO of Trulia. 'Trulia has become the fastest-growing Internet real estate site, with double-digit month-over-month growth and approximately 1.5 million unique monthly visitors. We're really excited to build on our progress to date and our potential as a media and technology company in the real estate industry to empower consumers and real estate professionals.'"

1 comment:

For Sale By Owner said...

Great achievement. I've seen property listings on trulia. If I'm not mistaken, this website is a partner of Fizber in property listings.