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February 13, 2007
Zoomf Gets Some Smart Money For Its Real Estate Search Site
The creators of zoomf.com, a real estate and property search site that has some Web 2.0 features, posted on their blog that they've taken on an investment from some executives at Cheapflights, a UK online travel search site - the vehicle they invest with is called Howzat Media. The new funding will enable us to expand the product and our coverage, writes the Zoomf blogger.
The new investors are quoted:
“Search is an area we know well. Online property search is a significant and well-publicised sector. We believe that next generation property search brings an exciting new dimension to the property market.... We were attracted to investing in Zoomf not only because of their cutting edge product but also because of the wealth of experience in the founding team. The Zoomf team has a raft of experience in online media, pan-European roll-out, search engine technology and the management of growth organisations. We are confident that they will use the funds raised further to innovate and introduce new products to meet the needs of both consumers and the property sector. My own background in property an the Internet convinced me that zoomf.com is a great website to invest in."
Howzat has also invested in WAYN, the online travel community that is also backed by Esprit.
Read - Zoomf.com Secures Second Round of Funding, Hugo Burge Joins Board of Directors (zoomf blog)
Posted on February 13, 2007 06:13 AM | Posted to News And Updates | Permalink
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