Opendoor raises $400M in funding from SoftBank

The San Francisco-based startup wants to make buying a home as easy as hailing a ride through an app

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The company will use the money to accelerate integration of its in-house mortgage services, title services and buyer’s brokerage (via a recent acquisition of another startup, Open Listings) into its core offering to homesellers and to continue its expansion from a current 16 markets to 50 markets by 2020.