Apartment listing service RadPad Inc. of Venice has been purchased by tenant-screening service LandlordStation of Dallas for an undisclosed amount.
The development comes after a challenging year for RadPad, which included layoffs and a court battle with San Francisco’s Craigslist Inc.
RadPad founder Jonathan Eppers will resign from his role as the startup’s chief executive, but stay on as an adviser, according to TechCrunch. The firm’s website will remain online and a few employees will continue to be employed by LandlordStation.
Eppers attributed much of RadPad’s decline to its legal fight with Craigslist, which in April sued RadPad in U.S. District Court in San Francisco. The lawsuit centered on allegations that RadPad scraped apartment listing data from Craigslist’ website. The two parties subsequently settled the case.
Eppers refutes the accusations leveled by Craigslist.
“Craigslist had really one goal in mind and it was to put RadPad out of business,” said Eppers, in an interview.
Craigslist did not immediately respond to a request for comment.
RadPad had about half a million active monthly users searching the site for rental listings when it was sued by Craiglist last year, and about $1.8 million in annual revenue, Eppers said.
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