Shasta Ventures led the round, which also included General Catalyst Partners, The Cross Country Group LLC and Geolo Capital, who had previously provided $5.5 million.
"In this tumultuous time, many Americans are looking for an investment alternative to the stock market," Jason Pressman, managing director at Shasta Ventures who will join Roost's board of directors, said in a statement. Roost is able to provide the most accurate picture of a given housing market and therefore help consumers make truly informed decisions."
Roost also announced a partnership with First American CoreLogic to bring listings of foreclosed homes to the site.
The companyafter partnering with local real estate brokers and Multiple Listing Service boards across the U.S. Roost.com is a search engine that sits on top of a hosted network of Internet Data Exchange sites run by real estate brokers.