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Redfin gets $10 million in new funding

From Future of Real Estate Marketing

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From the Redfin Corporate Blog: "Big news! Redfin just announced a $10-million round of financing led by Greylock Partners' James Slavet and his colleague David Thacker. Redfin's group of existing investors -- Madrona Venture Group, Vulcan Capital, DFJ, The Hillman Company -- also pitched in on the round." This new round of financing brings the total investment in the Seattle-based brokerage to just north of $30 million. Greylock joins Madrona Venture Group, Draper Fisher Jurvertson, Vulcan Capital and The Hillman Company as investors in the firm. Some key metrics released by Redfin in their blog post: Revenue exceeded a $20 million yearly run-rate, and Redfin generated its first profitsRedfin shipped the highest-rated iPhone application for real estateSite visits increased more than 200%Total dollar value of Redfin transactions since inception exceeded $2 billionRedfin customer satisfaction remained at 97% This news, coupled with the announcement that Realogy i...