Listia Racks Up $1.75M

San Jose, CA-based Listia, an online swap service that helps users give away things they don’t want in return for credits that they can use to bid on stuff they do want, said today that it has raised $1.75 million from a group of investors led by Andreessen Horowitz. Also contributing to the round were SV Angel, Founder Collective, High Line Venture Partners, Max Levchin, Naval Ravikant, Alex Zubillaga, and James Hong. The company also introduced a free iPhone app that lets users snap pictures of items they want to post for trading.

Wade Roush is a freelance science and technology journalist and the producer and host of the podcast Soonish. Follow @soonishpodcast

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