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$25 million more for Zillow. Online real estate startup is spreading its wings

There’s no doubt about it. Zillow.com has firmly set its sights on becoming the dominant player in the online real estate sector.

That crusade was strengthened Monday with news that the fast-growing Seattle startup had landed an additional $25 million in venture funding, a significant boost that will be used to increase hiring and roll out new services.

The financing — led by Boston-based Par Capital Management and including funds from Benchmark Capital and Technology Crossover Ventures — comes just nine months after Zillow raised $26 million. And it brings total financing in the 19-month-old company to $57 million, making it one of the most heavily funded consumer-Internet startups to emerge in the past two years.

By JOHN COOK
P-I REPORTER

Full Story: http://seattlepi.nwsource.com/business/278717_zillow25.html

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