Industry News

Trulia lands $10 million in funding

Series C round led by Sequoia Capital

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Real estate listings search site has secured $10 million in financing, which the company said will go towards expansion. The Series C round of funding was led by Sequoia Capital, and includes previous venture investors Accel Partners and Fayez Sarofim & Co. The investment will fund Trulia's general operations and allow it to expand its team, and develop new products and services, the company said in a statement. The real estate site, which launched in the fall of 2005, has about 1.5 million unique monthly visitors and some 2 million property listings, according to Pete Flint, co-founder and CEO. The San Francisco-based company has raised a total of $17.7 million since inception. "Trulia has demonstrated the ability to work effectively within a complex industry, helping consumers with their home-buying decisions and giving real estate professionals a tangible way to make next generation Web services work for them," Sequoia Capital Partner, Sameer Gandhi, sa...