Paul Allen is fishing for Redfin.
Paul Allen's Vulcan Capital was the lead investor in a group that plunked down $8 million last week on Internet real estate broker Redfin. BEV Capital, The Hillman Company and The Madrona Venture Group also took part in the investment.
Seattle-based Redfin returns satellite maps to people's search queries and touts its online real estate brokerage as a tool to buy and sell homes with lower costs than the high costs paid to brokers. It has expanded its service from Seattle into the San Francisco Bay Area market.
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