Kerching! Trulia secures a gorgeous $15million in funding…
Wow, $15 million dollars is certainly a nice way to start the weekend! And Trulia are thrilled to have closed their latest funding round with such pizazz. The US real estate search site has now raised a total of $33million in venture capital and this latest sum of cash was mainly led by Deep Fork Capital LLC, although previous investors Sequoia Capital, Accel Partners and Fayez Sarofim & Co also contributed.
What’s the money going to be spent on? I assume there’ll be some sort of party first but then Trulia will use this round of funding to further its development of new products and services for homebuyers, agents, brokers and advertisers and to expand their advertising services for the recently launched Trulia Advertising Network and self service offering, Trulia Pro.
Trulia CEO and co-founder, Pete Flint, had this to say…
“The housing slump has permanently altered how people search for real estate and their thirst for information, this additional capital will help us take advantage of this opportunity and continue our accelerated growth. This market is also a unique time to help real estate brokers and agents transition their marketing effort and services online. In the coming year we plan to roll out world class products that will continue to transform the online real estate experience.”
Mazeltov to y’all at Trulia, spend it wisely 
Filed under: Property News, Search