San Francisco-based Opendoor, which operates an online marketplace for buying homes, announced it has raised $210 million in a Series D round of funding led by Norwest Venture Partners with Managing Partner Jeff Crowe joining the board. New Enterprise Associates also participated in the round with existing investors, which includes Khosla Ventures, GGV Capital, Access Industries, FifthWall, Lakestar, SVB Capital, Caffeinated Capital and Felicis Ventures. The company has now raised $320 million in total equity.
Opendoor was founded in March 2014 by Keith Rabois, an investment partner at Khosla Ventures, and Chief Executive Eric Wu. The company currently operates in Dallas Forth-Worth and Phoenix, Arizona.
