Thursday, October 27, 2011

Redfin Raises $14.8M

Seattle-based real estate website Redfin said this morning that it has raised $14.8M in a new funding round. The round was led by Globespan Capital Partners, and also included prior investors Madrona Venture Group, Vulcan Capital, Draper Fisher Jurvetson and Greylock Partners. The company--which is led by Glenn Kelman--said the funding brings its total raised to $46M. Redfin will use the funding to expand its service to new cities, and increase research and development. More information »