Online real estate brokerage outfit Redfin has raised a mezzanine investment of $50 million led by Tiger Global Management and T. Rowe Price. Previous investors Greylock Partners, Globespan Capital Partners, DFJ Venture Capital, Vulcan Capital, and the Hillman Company also participated in the investment. Austin Ligon, co-founder and former CEO of CarMax and Redfin board director joined them.
Prior to this financing, Redfin had raised $45.7 million in venture capital.
[Image courtesy: Redfin]