Monday, April 18, 2011

Zillow Files For IPO

Seattle-based real estate website Zillow has filed for an IPO, saying Monday morning that it is looking to raise up to $51.75M in an IPO. The IPO is being underwritten by Citi, Allen & Company, Needham & Company, LLC, ThinkEquity LLC, and First Washington Corp. The firm disclosed that it had a net loss of $6.7M on revenues of $30.467M in 2010. Zillow is venture backed by TCV, Benchmark, and PAR Investment Partners, among others.