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VentureWrap: Trulia Lays Foundations For Growth With $15M

Residential real estate search engine, Trulia has increased its venture funding by $15 million to a total raised to date of $33M.

The latest round was led by Deep Fork Capital and included Accel Partners, Fayez Sarofim and Sequoia. The San Francisco-based company will use the capital infusion to expand their advertising services across the Trulia Ad Network and self service offering, Trulia Pro.

Trulia has around 5 million uniques a month and over 100,000 real estate professionals as registered users. They’ve managed to collate over 70 million property records, which feature constantly-updated comparable sales data.

They are one of the fastest growing US real estate sites and this has positioned them well for the growing hunger for data as the housing market in the US goes through a slump.

Tags: Accel, Deep Fork Capital, Fayez Sarofim, Sequoia, Trulia

LinkedIn Gets 53m/1bn And Transforms The Venture Industry

Congrats to Reid Hoffman, the LinkedIn team and the company’s latest investors - watch the video and listen to these venture guys explaining their rationale for investing in the latest round and you’ll understood what I mean by choosing the title for this post.

Bain, Bessemer, Greylock and Sequoia have taken the VC industry to a whole new level of transparency from which we all win.

Tags: Bain, Bessemer, Greylock, LinkedIn, Sequoia