Redfin Raises $10M in Series D Financing

Redfin, a Seattle-based online real estate broker launched in February 2006, raised $10m in a Series D financing.
The round was led by Greylock Partners with participation from existing investors Madrona Venture Group, Draper Fisher Jurvetson, Vulcan Capital and The Hillman Company.
This new investment brings the total capital raised by Redfin to $30.8m.
In conjunction with the financing, James Slavet, a partner with Greylock and former operating executive at Yahoo, joins Redfin’s board of directors.
The company plans to use the funds to scale its infrastructure for delivering extremely high levels of customer service, to expand into new markets and to invest in research and development.

Alan Smith, of the law firm Fenwick & West, represented Redfin in the financing. 


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