Trulia

News Byte

Trulia Hires CFO and General Counsel on Way to IPO

Tricia Duryee in Commerce on December 1, 2011 at 9:20 am PT

San Francisco-based online real estate company Trulia has rounded out its executive team by hiring a new CFO and general counsel before it plans to file for an initial public offering next year. The company has appointed Sean Aggarwal, formerly VP of finance at PayPal, to the position of CFO and Scott Darling to the position of general counsel. Darling held previous positions at Imperva, Microsoft and Danger.

Real Estate Search Provider Trulia Sold on IPO Prospects

Tricia Duryee in Commerce on September 23, 2011 at 7:56 am PT

Trulia’s founder and CEO Pete Flint remains focused on taking his real-estate search company public, despite one of its closest competitors beating him to it this summer.

Zillow’s Valuation Nears $400 Million After Pricing IPO

Tricia Duryee in Commerce on July 6, 2011 at 1:00 pm PT

Zillow expects to secure almost $60 million in its initial public offering, which will value the company at close to $400 million, according to documents filed with the SEC today.

News Byte

Zillow’s iPhone App Helps You Know If You are Qualified to Buy

Tricia Duryee in Commerce on June 7, 2011 at 8:00 am PT

If only it had been around during the bubble. Zillow’s new app helps you calculate whether you can afford the house you are looking at. The real estate listing company’s second app helps you search and compare loan offers, or calculate whether it makes sense to refinance. Zillow, which is pursuing an IPO, has identified mobile as a way to boost its traffic, like its competitors, including Realtor.com’s Move and Trulia.

Realtor.com Puts House-Hunting iPad App on the Market for Free!

Tricia Duryee in Commerce on April 25, 2011 at 4:47 pm PT

The next turf war for the real estate information sites has shifted from the Web to mobile devices. Realtor.com, which is the largest in the highly fragmented market, has launched an iPad application catching up with two of its closest rivals, Trulia and Zillow.

Zillow Files for IPO to Raise $57 Million

Tricia Duryee in Commerce on April 18, 2011 at 11:12 am PT

Seattle-based Zillow.com, a real estate information site, has filed its initial paperwork indicating that it is seeking to raise $57 million in an initial public offering.

Big-Data Start-Up Cloudera Kicks Hadoop Up a Notch

Arik Hesseldahl in Enterprise on April 12, 2011 at 4:31 am PT

If you know anything about the open source data processing engine Hadoop, then you probably know a thing or two about Cloudera, the company that wants to make money helping big companies use Hadoop. Today, Cloudera is launching its own version of Hadoop with eight open-source tools bundled with it to make it useful to companies right out of the box.

Sold: Zillow Buys Postlets to Build Up Real Estate Listings

Tricia Duryee in Commerce on April 11, 2011 at 10:55 am PT

Zillow has acquired Postlets, a company that has created a platform that makes it easy for real estate listings to be distributed across the Web.

Zillow and Trulia Release House-Hunting Applications for Mobile

Tricia Duryee in Commerce on April 1, 2011 at 6:00 am PT

Trulia and Zillow, two of the biggest competitors in the online real estate space, are continuing to push into mobile with the addition of more smartphone applications.

News Byte

Zillow Reportedly Hires Banker to Manage IPO

Tricia Duryee in Commerce on March 15, 2011 at 10:38 pm PT

Zillow, the Seattle-based service that attempts to estimate the value of homes and rentals in the U.S., has hired Citigroup to manage its IPO, reports Bloomberg, citing three sources. The company was reportedly valued at $400 million back in 2007 when it last raised capital. The timing of the IPO was unknown, but coincidentally, Trulia, one of its closest competitors, said in February that the company was ready for an IPO.

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