Zillow Raises $30 Million More, Up To $87 Million in Venture Capital

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Seattle-based real estate site Zillow has raised another big round of capital. Tonight they’re announcing a $30 million financing, bringing their total capital raised to a whopping $87 million. The round was led by asset management firm Legg Mason Capital Management, with participation from existing investors Benchmark Capital, Technology Crossover Ventures and PAR Capital. Their last round, $25 million, was announced in July 2006.

Zillow continues to make big traffic gains, too. The company, which now has 155 employees, had 4.4 million unique visitors in August 2007 according to the company (Comscore says 1.9 million uniques and 38 million page views). They have 70 million U.S. homes in their database. They say more than 50,000 questions have been asked by users since a Q&A service was launched in April 2007.

Legg Mason certainly seems bullish on consumer facing web services – In addition to this round, they recently led Ning’s July 2007 $44 million venture round.

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