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[-]  13-06-18 20:39

Opendoor raises $325M as it battles Redfin and Zillow in competitive homebuying and selling market
Opendoor, a San Francisco online marketplace that buys and sells homes, has raised a whopping $325 million to expand to new markets as it takes on new challengers Zillow and Redfin. Opendoor has now raised $645 million in equity and $1.5 billion in debt financing to buy and sell homes online. Leading the round were homebuilding company Lennar, General Atlantic and Access Technology Ventures. New investors Andreessen Horowitz, Coatue Management, 10100 Fund and Invitation Homes also participated, ...

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