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Google Capital Invests $50 Million in Auction.com, the
Leading Platform for Buying and Selling Real Estate Online -
Yahoo Finance
Concerning Auction.com
310-373-0103
Auction.com,the world's largest on the actual internet real-estate marketplace, today announced
a$50 million investment via Google Capital. JPMorgan Securities LLCserved as sole private
placement agent regarding Auction.com in conjunctionwith the transaction.
IRVINE, Calif.
Leeza Hoyt, llhoyt@hoytorg.com
Venture CapitalInvestment & company InformationGoogleStarwood Richesse GroupContact:For
Auction.com, LLC
Google Richesse joins other strategic shareholders inside Auction.comincluding Starwood capital
Group, Starwood Property Trust, Stone PointCapital and also funds managed through affiliates
involving Fortress Investment Group.Auction.com annually handles tens associated with thousands
of transactions acrosscommercial and residential property for customers which range from
thelargest banking institutions to your people along with brokers. Since section of the actual
investment,one representative via Google Richesse will join the actual company's Board ofDirectors
and an additional will take a board observer position. Recommended by Google technology and
product leaders,the Google capital team has got the extensive operational along with
technicalexpertise to create smarter investments and also aid our portfolio companiessucceed.
Google Capitalinvests within companies that use technology to end up being able to alter the
strategies by which peopleexperience the world.
"Google will end up being the world's greatest Internet company, as well as we're thrilled tohave the
opportunity function closely with them. "We feel Auction.comcan fundamentally adjust how real
estate, and particularly commercialreal estate, can be bought and also sold, leveling the playing field
forsmaller investors."
Auction.com, LLC, is the nation's leading online real estatemarketplace. "Over $7 billion associated
with commercial andresidential property traded via our online marketplace within 2013,and we
believe that getting Google Capital's assistance will help us expandour sector leadership, and carve
out a larger discuss with the global realestate market."
Google Money Invests $50 Million inside Auction.com, the actual Leading Platform pertaining to
Getting and also Offering real Estate online - Yahoo Finance
Google Richesse had been formed within 2013 along with previously invested throughout
SurveyMonkey, Lending Club and also Renaissance Learning. (www.googlecapital.com)
.
Kent Barrett, kbarrett@hoytorg.com
http://finance.yahoo.com/news/google-capital-invests-50-million-140000538.html
With Regards To Google Money
"Auction.com provides quietly built one of your largest marketplaces in theweb," mentioned David
Lawee, Companion in Google Capital. Google Capital's investments in order to date consist of
SurveyMonkey,Lending Club, and also Renaissance Learning. Pay a visit to Auction.comfor more
information. & MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--
Google capital can become a growth equity fund backed by simply Google. Founded within 2008, the
company offers marketed almost $20 billion inassets since 2010. Auction.com offers over 900
employees as well as officesin Irvine along with Silicon Valley, California also as offices in
Atlanta,Austin, Denver, Miami as well as Newport Beach. This will give us anopportunity to tap into
their deep expertise in digital marketing andmobile, too as with constructing world-class products,"
mentioned Jeff Frieden,CEO as well as Co-Founder involving Auction.com

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Google Capital Invests $50 Million in Auction.com, the Leading Platform for Buying and Selling Real Estate Online - Yahoo Finance

  • 1. Google Capital Invests $50 Million in Auction.com, the Leading Platform for Buying and Selling Real Estate Online - Yahoo Finance Concerning Auction.com 310-373-0103 Auction.com,the world's largest on the actual internet real-estate marketplace, today announced a$50 million investment via Google Capital. JPMorgan Securities LLCserved as sole private placement agent regarding Auction.com in conjunctionwith the transaction. IRVINE, Calif. Leeza Hoyt, llhoyt@hoytorg.com Venture CapitalInvestment & company InformationGoogleStarwood Richesse GroupContact:For Auction.com, LLC Google Richesse joins other strategic shareholders inside Auction.comincluding Starwood capital Group, Starwood Property Trust, Stone PointCapital and also funds managed through affiliates involving Fortress Investment Group.Auction.com annually handles tens associated with thousands of transactions acrosscommercial and residential property for customers which range from thelargest banking institutions to your people along with brokers. Since section of the actual investment,one representative via Google Richesse will join the actual company's Board ofDirectors and an additional will take a board observer position. Recommended by Google technology and product leaders,the Google capital team has got the extensive operational along with technicalexpertise to create smarter investments and also aid our portfolio companiessucceed. Google Capitalinvests within companies that use technology to end up being able to alter the strategies by which peopleexperience the world. "Google will end up being the world's greatest Internet company, as well as we're thrilled tohave the opportunity function closely with them. "We feel Auction.comcan fundamentally adjust how real estate, and particularly commercialreal estate, can be bought and also sold, leveling the playing field forsmaller investors." Auction.com, LLC, is the nation's leading online real estatemarketplace. "Over $7 billion associated with commercial andresidential property traded via our online marketplace within 2013,and we believe that getting Google Capital's assistance will help us expandour sector leadership, and carve out a larger discuss with the global realestate market." Google Money Invests $50 Million inside Auction.com, the actual Leading Platform pertaining to Getting and also Offering real Estate online - Yahoo Finance Google Richesse had been formed within 2013 along with previously invested throughout SurveyMonkey, Lending Club and also Renaissance Learning. (www.googlecapital.com) . Kent Barrett, kbarrett@hoytorg.com
  • 2. http://finance.yahoo.com/news/google-capital-invests-50-million-140000538.html With Regards To Google Money "Auction.com provides quietly built one of your largest marketplaces in theweb," mentioned David Lawee, Companion in Google Capital. Google Capital's investments in order to date consist of SurveyMonkey,Lending Club, and also Renaissance Learning. Pay a visit to Auction.comfor more information. & MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- Google capital can become a growth equity fund backed by simply Google. Founded within 2008, the company offers marketed almost $20 billion inassets since 2010. Auction.com offers over 900 employees as well as officesin Irvine along with Silicon Valley, California also as offices in Atlanta,Austin, Denver, Miami as well as Newport Beach. This will give us anopportunity to tap into their deep expertise in digital marketing andmobile, too as with constructing world-class products," mentioned Jeff Frieden,CEO as well as Co-Founder involving Auction.com