Redfin Raises $50 Million Investment as It Eyes IPO
Redfin, the Seattle-based company that has positioned itself as a tech-enhanced real estate brokerage, has raised a $50 million investment led by Tiger Global Management. CEO Glenn Kelman said in an interview that the company is profitable, will do between $50 million and $100 million in revenue this year, and is on a path toward an IPO.
