Real Estate Crowdfunding Startup Realty Mogul Raises $9M

Realty Mogul, a site that allows accredited investors to collectively back real estate projects, is announcing that it has raised a $9 million Series A led by Canaan Partners.

The startup launched a year ago, and in its first year it says 6,000 members invested $14.6 million in real estate projects worth more than $100 million.