TRULIA ACQUIRES MOVITY TO ACCELERATE AND ENHANCE THE ONLINE REAL ESTATE EXPERIENCE
Trulia Moves into New 30,000 sq foot Downtown San Francisco Location as the Company Continues to Grow at a Rapid Pace
SAN FRANCISCO, December 21, 2010 – Trulia.com (www.trulia.com), a top site for homebuyers, sellers and renters, acquired Movity (www.movity.com ), a stealth start-up focused on surfacing geodata to help new movers make better decisions and creator of social check-in tracker www.weeplaces.com. Movity was part of the Winter 2010 YCombinator class and the team includes Eric Wu, co-founder of RentWiki.com, Sha Hwang, design technologist from Stamen Design, Vaughn Koch, program manager from Bing, and Zain Memon, a contributor to the open-source framework Django.
“The consumer real estate experience will continue to change dramatically and we believe adding this team of talented individuals will accelerate our innovation and growth,” said Pete Flint, CEO and co-founder of Trulia. “Movity brings strong engineering skills, visualizations specialists and a passion for real estate. We looked at their vision and our vision and we knew we had a perfect match.”
“We are excited to join a leader and innovator in the real estate market and contribute to a world class engineering organization,” said Eric Wu, co-founder of Movity. “I’ve been impressed what Trulia has accomplished in the past few years, and together, we want to change the way people discover local information and find a place to live.“
New Office Space
In 2010, Trulia doubled the size of its workforce and today moved in to a new 30,000 sq foot office in the heart of SOMA in downtown San Francisco. Trulia occupies multiple floors and built the space to include user experience testing rooms, 27 conference rooms and a handful of cool design elements including bike racks, a library and open collaboration spaces to foster an environment of innovation and collaboration.
“About 18 months ago we asked our employees what they wanted in a new office and it was pretty clear they wanted to be closer to public transportation, they wanted a bright open office and they wanted to be in the center of the activity downtown,” said Sami Inkinen, COO and co-founder of Trulia. “We took their feedback and we found an office that meets all our needs and allows for future growth opportunities. Moving into the new office today you could feel the sense of pride in our employees and this begins another new and exciting chapter in Trulia’s history.”
About Trulia, Inc.
Trulia.com is the fastest growing online real estate site focused on empowering buyers, seller and renters with smarter tools to help you find the right home. Trulia is headquartered in downtown San Francisco and is backed by Accel Partners and Sequoia Capital. Trulia is focused on helping you find the home that truly meets your needs, and delivers on what’s most important for you. Ultimately, we built a smart real estate search experience bringing together local information, community insights, market data and national listings all in one place, all for you.
Chip Scarinzi for Trulia, email@example.com, 415.486.3221
Ken Shuman, firstname.lastname@example.org, 415.517.7211