Thursday, November 14, 2013

Redfin Raises $50M

Seattle-based online real estate brokerage Redfin has raised $50M in a new financing round, which came from Tiger Global Management, T. Rowe Price, Greylock Partners, Draper Fisher Jurvetson, Vulcan Capital, Globespan Capital Partners and The Hillman Company, the company said late Wednesday. The new funding values the company at over $500M. Redfin has now raised over $100M in capital for its real estate service. Redfin is led by Glenn Kelman. More information »