Zoopla raises £3.25m
Zoopla.co.uk, a UK property search and information website, has raised £3.25m (€3.83m) from Atlas Venture, Octopus and Silicon Valley Bank.
- Published 16 December 2010 in Venture capital.
Zoopla.co.uk, a UK property search and information website, has raised £3.25m (€3.83m) from Atlas Venture, Octopus and Silicon Valley Bank.
The company launched less than three years ago and delivers over ten leads per minute to estate agents and house builders across the UK. The funding will be primarily used for marketing. Zoopla launched its first national television advertising campaign this year and will launch another in January.
The funding comprises a £1.75m equity injection from Atlas and Octopus as well as a £1.5m debt facility from Silicon Valley Bank.
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