On a blog post announcing the funding, CEO Glenn Kelman said the company had been profitable since June and that its revenue “exceeded a $20 million yearly run-rate.”

Kelman says the cash gives the company “a margin for error when making a few big bets: beyond real estate search, we still have to put the whole touring, offer and escrow process online, and we’ve got to build the systems and processes that allow us to deliver the same amazing service to 10,000 or 100,000 customers every month, not just 100 or 1,000.”

With the new funding, the company will have now raised a total of $30.8 million. More in the release.