News Byte

Zillow Acquires RentJuice for $40 Million in Cash

Zillow has acquired RentJuice, a San Francisco-based company that provides rental relationship management software for landlords, for $40 million in cash. The announcement was made during the Seattle company’s first-quarter results, which included earnings of $1.7 million on record revenues of $22.9 million.

Walk Score Places a Value on How Easy It Is to Navigate a Neighborhood (Video)

When looking for a new house or apartment, ever wonder what the commute will be like, or how far away the grocery store or coffee shop is?
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News Byte

Zillow to Open Southern California Sales Office

Zillow, which aggregates real estate information online, said it is opening a new sales office in Irvine, Calif., later this summer, with plans to hire up to 100. The Seattle company said the employees will be focused on selling subscriptions to local agents. The office will also have 20 employees from Diverse Solutions, a company Zillow acquired in November.

Realty Bites: Agents Face Off Against Zillow, Trulia and Realtor.com

The Internet has forever changed the newspaper industry, the music business and travel agencies. Now it’s real estate’s turn.
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Voices

Citi Analyst Lures Hot Internet IPOs

When real-estate website Zillow Inc. was looking for a Wall Street bank to lead its $80 million initial public offering in July, Citigroup Inc. rose to the top of the list.

News Byte

Amazon Picks Up Social Expertise Through Talent Acquisition

Amazon has not been on the forefront of social shopping experiences, but that could change. Geekwire reports that the e-commerce giant has hired several team members from Quorus, a small Seattle start-up focused on building social shopping and marketing technologies for retailers and brands. Quorus co-founders Logan Bowers, who was previously at Zillow and Expedia, and Michael Dougherty, formerly co-founder of Redfin, have been hired along with other employees. An Amazon spokesperson has not replied to an email seeking comment.

Dibs! Obscure Marketplace Company Nabs Former DoubleClick CEO David Rosenblatt.

The low profile of online luxury marketplace 1stdibs evaporates today, with the appointment of David Rosenblatt as CEO and an injection of capital from high-profile Silicon Valley venture firm Benchmark.
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Zillow Makes $7.8 Million Acquisition for More Agent Tools

As part of its third quarter earnings release today, Zillow said it has acquired Diverse Solutions, which helps real estate agents market their Web sites, for $7.8 million in cash and stock.
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Real Estate Search Provider Trulia Sold on IPO Prospects

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.
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Zillow’s First Quarter as a Public Company Also Marks First Profit

Zillow reported its first profit ever today as part of its second-quarter earnings release, only one month after raising more than $70 million in its public offering.
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Fun With Mobile Stats: Holiday Edition