Former Zillow Executives Launch Tomo Networks, Raising $40 Million
Posted on 11/01/2020
Stamford, Connecticut-based Tomo Networks, Inc. (Tomo) was created by former Zillow executives Greg Schwartz and Carey Armstrong. Tomo Networks raised a seed round of US$ 40 million led by Ribbit Capital, NFX, and Zigg Capital. Institutional investors include: Ribbit Capital, NFX, Zigg Capital and SVB Capital. Individual investors include hedge fund luminaries Alex Sacerdote, Kurt Mobley & Eli Weinberg; former Zillow CEO Spencer Rascoff; and Ted Ackerley of Seattle-based Ackerley Partners LLC.
Tomo Networks is a digital mortgage and transaction company.