Trulia raises $10m in funding

US vertical property search engine Trulia has raised $10m (£5m) in a third round of funding led by Sequoia Capital. The company has now raised $17.7m (£8.9m) to date.

Focusing on the US real estate market, the site indexes data from major brokers and agencies, using Google Maps to display the listings.

Alongside property listings, the site displays local information and area guides, as well as heat maps - which visually display local house price trends.

Trulia was co-founded by former lastminute.com exec Pete Flint two years ago, with a team of four. The company now has 40 employees, and the site is attracting 1.5m visitors per month, as well as listing more than 2m properties for sale.

Further reading:
Interview: Trulia co-founder Pete Flint

Add to Del.icio.us  |  Digg this  |  Add to reddit  |  Add to Y! MyWeb