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PropTech Zumper raised Series D1 of $30M led by Kleiner Perkins

To that end, the company has raised $30 million in a Series D1 round of funding led by Kleiner Perkins to help it in its efforts to enhance its product to better serve people looking for short-term rental options. The San Francisco company historically has connected renters to landlords for long-term leases, with short-term rentals only being a very small portion of its business. Ilya Fushman, a partner at Kleiner Perkins, notes that the venture firm has invested in each of Zumper’s funding rounds since its 2012 inception, starting with a $1 million seed round that year announced two weeks after launching into a public beta at SF Disrupt. With a push into short-term rental offerings, is Zumper encroaching on Airbnb’s territory?