Curbed.com raises $1.5M for real estate blog network
Curbed.com, a popular real estate blog network with sites in New York, San Francisco and Los Angeles, has obtained $1.5 million in financing to expand into new cities and add staff members, according to the New York Times.
According to Lockhart Steele, the network’s publisher, traffic is growing 10 percent a month and the site is drawing national advertisers.
Curbed.com, which also focuses on restaurants and shopping, received its backing from Brad Inman, founder and publisher of the real-estate news service Inman News; Zach Nelson, CEO at NetSuite Inc.; Nick Denton, founder of Gawker Media; Joanne Wilson, wife of Union Square Venture Partners’ Fred Wilson; and Mo Koyfman, previously a vice president at IAC/InteractiveCorp. Gawker media also invested.
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