Real estate search engine Trulia has raised a $10 million Series C round of funding from Sequoia Capital and previous backers Accel Partners and Fayez Sarofim & Co, bringing it to a total of $17.7 million raised.
Trulia’s information-rich site recently came out of beta. We haven’t heard anything about the company approaching profitability, though. Its site currently has 1.5 million monthly visitors and 60 million homes.
Why the investment? Trulia’s Heather Mirjahangir Fernandez theorizes over email that her company has been able to “navigat[e] the minefields” of bringing new web tools to the real estate business., “Given all the drama in the Web 2.0 space (Redfin getting fined, Zillow getting sued [correction: complained about and ordered to cease and desist]), there is a lot of attention on us.” For once playing nice pays off.