Real estate search engine Trulia recently acquired Movity in an effort to provide more consumer assistance to the home search process. Movity is a stealth startup focused on geographical data to help new movers get to know the places where they are moving. Terms of the deal were not disclosed. “The consumer real estate experience will continue to change dramatically and we believe adding this team of talented individuals will accelerate our innovation and growth,” said Pete Flint, CEO and co-founder of Trulia. He added that Trulia was especially drawn to Movity because of its strong engineering and visualization skills. “We looked at their vision and our vision and we knew we had a perfect match,” Flint said. Eric Wu, co-founder of Movity, said he too is excited about the merge. “I’ve been impressed with what Trulia has accomplished in the past few years, and together, we want to change the way people discover local information and find a place to live,” Wu said. The acquisition is not the only change Trulia has gone through lately. The firm doubled the size of its workforce in 2010 and moved to a new 30,000 square foot office in downtown San Francisco Tuesday. Trulia occupies multiple floors of the building and built the space to include user experience testing rooms, 27 conference rooms a library and open collaboration spaces to foster an environment of innovation and collaboration. Write to Christine Ricciardi.
Christine was a reporter with HousingWire through August 2011.see full bio
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Christine was a reporter with HousingWire through August 2011.see full bio
