U.S. Seattle based WalkScore, Online service which ranks rental properties, cities and neighbourhoods has raised $2 million in series A round of funding. WalkScore Chief Executive Josh Herst believes that many american will leave their cars in large numbers. He believes they will demand “more walkable places to live with commutes that don’t suck.” WalkScore Chief Executive has stated that Seattle-based angel investor Geoff Entress led the round which also included “a great group of entrepreneurs and local angels.“At the highest level, we’re riding a massive wave of change in the real estate market that’s being driven by the housing crisis and rising gas prices,” Herst says.
WalkScore’s funding which they managed to secure $2 million from group of investors from seattle which includes some notable names former online retails giants Amazon’s Chief technology officer Shel Kaphan and Seattle’s serial investor Geoff Entress led the round and is joining the board.Walk Score is also incorporating public transit data into its searches. Herst says a network of more than 10,000 real estate sites.
