Press Releases
Summary
The funds will support expansion of Zillows staff of 155 employees, including a 20-person national advertising sales team. "Zillow has expanded the definition of real estate through innovations like Zestimate values, Make Me Move and Home Q&A. It manages assets for clients around the globe including: corporations, public funds, various government entities, endowments, foundations, and individual investors. Legg Mason Capital Managements investment team is comprised of investment professionals who provide portfolio management and equity analysis for $70.9 billion in separate account and pooled assets (as of 6/30/07).Legg Mason Capital Management is a subsidiary of Legg Mason, Inc. (NYSE: LM).Zillow.com is an online real estate community where homeowners, buyers, sellers, and real estate agents and professionals find and share vital information about homes, for free. One of the most-visited real estate Web sites, Zillow was the only online company named by Advertising Age magazine to its 2006 "Marketing 50" list of the most powerful consumer brands.
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