Major Redfin investor takes 9.5 percent stake in Zillow

Tiger Global, the massive investment firm that led Redfin’s $50 million funding round in November, has taken a 9.5 percent stake in Zillow.

The Zillow investment by Tiger Global continues its recent string of investments in companies associated with Zillow’s co-founder and executive chairman, Rich Barton.

In October, the firm was part of a $60 million funding round for neighborhood social networking app Nextdoor where Barton is a director. In December, it participated in a $50 million round for employer information site Glassdoor, where Barton is a co-founder and chairman.

Source: GeekWire