Zillow receives $25 million
Seattle Times is reporting Zillow received $25 million in it’s second round of financing, raising a total of $57 million.
With the additional funding, the company plans to add at least 40 employees to its staff of 118. Rascoff would not say what development projects the company was working on.
“We are being a little bit tight-lipped about what’s coming next with respect to the product, but we are constantly trying to improve the quality of the underlying data,” he said.