Google Capital Injects $50M In

Google Capital, the growth fund which is owned by Mountain View-based Google, said it has made a $50M investment in online commercial real estate auction site According to, the deal values the company at $1.2 billion. Google Capital gains both a board seat and observer position with the investment. Google Capital's David Lawee said that has quietly build one of the largest marketplaces on the web. said that over $7 billion in commercial and residential real estate was traded through its marketplace in 2013. More information »