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February 17, 2012 08:38 pm GMT

Real Estate Site VivaReal Raises Cash To Be The Zillow For Brazil

vivarealVivaReal.com.br, a real estate marketplace in Brazil, has raised an undisclosed amount of funding from a number of angels and investors, including Greg Waldorf, Simon Baker, Shaun Di Gregorio, Wences Casares, Micky Malka, Ariel Poler, Gordon Rubenstein, 500 Startups, Jeff Fluhr, Errol Damelin, Florian Pass, Monashees Capital and Kaszek Ventures.As co-founder Brian Requarth tells me in more developed markets like the U.S., property searchers have the option to find almost all the inventory for sale or rent online. In Brazil, a fraction of the listings are available online and it is still a highly fragmented marketplace. In the U.S., we have the MLS, which is a centralized database for rental and for sale listings, but in Brazil there's no such mechanism in place.

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