Google Expands into Real Estate
Andrian Darylle Torralba | | Jan 20, 2015 08:47 AM EST |
(Photo : Reuters)
Tech giant Google, Inc. continues to expand its global reach and announced an investment in the real estate property website, Commonfloor.
Commonfloor.com, a real estate property search site based in India, has been the recipient of funds from Google Capital, Google's equity fund manager. This was confirmed by Commonfloor in an official statement released a few days ago.
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Sumit Jain, Commonfloor co-founder and CEO, said the money will go to funding marketing campaigns and product technology. There were no official statements as to how much funding the company received.
Some wonder what Commonfloor has to offer that caught the attention of one of the leading tech firms in the United States.
What exactly does Commonfloor.com do?
Commonfloor said one of the things it specializes in is making property decisions a lot simpler for consumers. Through its online services, potential home buyers, home sellers, and professionals in the real estate industry can make their businesses easier and faster.
There are several services these individuals can expect from the real estate property search site and some of these are:
- Numerous search options for those looking for properties either for sale or rent
- Reviews of apartments
- Expansive data base of apartments that have all been verified
- Real estate property and apartment options spread out across the country
- Other real estate property related tools and services, including those for legal issues, management, home insurance, and property maintenance
TagsCommonfloor, Commonfloor Investors, Google Capital, Google Capital News, Google Capital Investments, Google Capital New Investments, Google Capital Commonfloor, Google Inc., Google Inc. News, Google Inc. Investments
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