ActiveRain soaks up $2.75M for real estate networking

ActiveRain is a Bellevue, Wash. company that provides real estate professionals with a space for social networking and self-promotion in the form of personalized web pages that are part of a larger business directory.

The site has been around for about two and a half years, but was thus far bootstrapped. Co-founders Matt Heaton and Jonathan Washburn report on the company blog that they will retain a majority share and control over the company.

HouseValues, another local company involved in the real estate market, provided the $2.75 million financing.

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Tags: deal