$30M Zillow infusion may go to home-improvement tab
| September 20, 2007 |  View for printing |
Here's my Zestimate: Zillow http://www.zillow.com/ will use some of the $30 million it just raised to push into the home improvement and décor market.
The nearly 2-year-old online real-estate site was already the best funded Seattle Web startup in the cycle, with $57 million raised.
Today, it's announcing a third and probably final round of financing, this time led by Legg Mason Capital Management in Baltimore. Bill Miller, Legg Mason's chief investment officer, said in a news release: "We believe Zillow is well on its way toward becoming a market-leader in a huge, and untapped online category of online tools and information for homeowners."
The word "homeowners" is interesting.
By Brier Dudley
Seattle Times staff columnist
Full Story: http://seattletimes.nwsource.com/htm ... rier20.html
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