Opendoor just raised $400 million in funding from SoftBank’s Vision Fund

It’s official. Two weeks ago, we reported that Opendoor —  the four year-old, San Francisco-based company aiming to make it possible to buy and sell residential real estate with a few key strokes —  was close to sealing up funding from SoftBank. Today, it’s announcing that the ink is dry on the deal.
The terms: SoftBank’s massive Vision Fund is investing $400 million for a minority equity stake in the company, with one of its five managing d