Homebay Successfully Completes $5M Funding

HomeBay, a Serra Capital III portfolio company, announced on June 26 that it has successfully completed a $5M round of funding. HomeBay, a San Diego based company, provides consumers a smarter way to buy and sell homes with data-driven intelligence, complete transparency and an on-demand customer experience. Home Bay’s sophisticated technology platform expedites the transaction with efficient, seamless systems that save consumers and real estate agents time and money.

The company plans to use the financing for expansion into new markets. Serra Capital III participated in the round. 

Source: http://www.prweb.com/releases/homebay/homesforsalebyowner/prweb14448519.htm