A Bay Area home-selling startup on Wednesday said it will shut down a little over a year after raising a $100 million funding round.
San Mateo-based Reali Inc. blamed the move on "challenging real estate and financial market conditions and unfavorable capital-raising environment."
Most of its staff of about 140 people will be let go on Sept. 9, the company said in a news release.
Reali provided a way for customers to buy and sell homes in one coordinated transaction, eliminating some of the complications…
