Urban Compass and Advance Publications Inc.

Advance Publications Inc.: Financing from Advance Publications Inc., Marc Benioff and other investors more than doubles the startups valuation to more than $360 million, 10 months after its last funding round, people with knowledge of the matter said. The companys revenue has jumped 10-fold in the past year, said the people, who asked not to be identified because the information isnt public, according to The Toronto Star, Canada. A lot of people complain that there is a lot of dishonesty in the industry, that its very hard to trust what you see online, and with Urban Compass we bring more transparency, Allon said. Now we want to bring that nationally and SAN Urban Compass Inc., the New York marketplace for renting and buying apartments, will expand to more U.S. cities after raising $40 million U.S. from investors. Urban Compass lists properties with photos and employs real-estate agents to connect people with apartments. Users can tailor options and neighborhoods with more specificity than Craigslist, while brokers can manage relationships with clients using a mobile application. Urban Compass plans to introduce services in cities such as Boston, Chicago and San Francisco, according to Ori Allon, co-founder and executive chairman. (news.financializer.com). As reported in the news.

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