John Cook reports today that has scored another $25 million in VC funding. Glenn Kelman, CEO of Redfin is calling this an “amazing war chest” and I tend to agree. This round of financing means Zilllow has raised a total of $57 million, a very impressive number indeed.

That kind of investment can only mean that investors, who include PAR Capital Managment, Benchmark Capital and Technology Crossover Ventures, see a significant potential for return.

A couple of highlights from Cook’s posting hint at how Zillow aims to accomplish this:

CFO Spencer Rascoff makes a rambling, slightly incongruous analogy comparing Zillow to a TV network:

“Right now, we have a terrific lineup of shows, if you will, which have attracted a lot of audience. But we need to keep producing hit shows in order to keep the traffic coming and keep making the money on advertising,” he said.

I think I get what he’s trying to say, but I think he could been a little more clear. That is, of course, unless misdirection was the intent.

Later, Rascoff was a little cagey when asked about the timeline for the rollout of any new features, including most likely, adding for sale listings to Zillow’s search results.

[He] said that listings are a critical piece of the company’s mission of “making consumers smarter about real estate information,” but he declined to say when it they might offer such a service.

More coverage here:

SiliconBeat: Zillow raises $25, joins ranks of bigger Web 2.0 companies
Techcrunch » Blog Archive » Zillow Raises Another $25 million
Screenwerk » Blog Archive » Zillow Awash in Cash

Technorati Tags: , , , , , , ,

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription