Zillow buys real estate software startup Retsly

|About: Zillow Group, Inc. (Z)|By:, SA News Editor

Vancouver-based Retsly offers a platform (replete with an API) that allows real estate app developers to integrate data from multiple listing services (MLSs), and also provides MLSs tools for managing and tracking real estate apps/data. (PR)

CEO Spencer Rascoff: "Retsly's platform will spur tremendous innovation in the real estate space, enabling developers to build software that works across MLS boundaries and without the overhead of dealing with local data formats."

The purchase price is undisclosed. Zillow (NASDAQ:Z) plans to add Retsly's offerings to its Tech Connect program (launched last November), which allows 3rd-party software/service providers used by brokers and agents to integrate their systems with Zillow's. The company recently announced it now has 25 Tech Connect partners.