Wednesday, January 9, 2013

With 4M Apartment Rentals Viewed On Its Site, Lovely Is Breaking Free Of Litigious Craigslist And Raising A Series A

lovelyLogoLovely, the apartment search service that was initially built as a better and easier way of finding available apartment rentals originally listed in the large-but-feature-light Craigslist.org, has now racked up 4 million apartment listings on its site (1 million in the last 30 days) as it tackles the $10 billion residential rental market?as an aggregator of other rental listings services -- once described to me by founder Blake Pierson as the "Kayak" of rentals. Now it is raising money for a Series A round -- amount still unspecified --?to?add to a previous angel round of $2 million from investors that include Keith Rabois of Square; Ben Ling (formerly of Badoo and Google), Walter Kortschak (Summit Partners), Tom Byrne (Loopnet), Colin Evans (Stubhub), Alex Zubillaga, 500 Startups, Felicis Ventures, Founder Collective, SV Angel and others.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/9fiQFProLpE/

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