Thursday, September 30, 2010

Redfin Gets $270K From Ligon

The "small investment" in Seattle-based Redfin by CarMax CEO Austin Ligon last week was worth $269,495, according to recent regulatory filings from the real estate site. The funding looks to be an extension of the last funding announced by Redfin, the $10M it raised in November of 2009. Redfin announced last week that the addition of Ligon, who founded Carmax in 1993, was "a big vote of confidence" for the company's business. More information »