Houzz Raises $32 Million on Series C Funding
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Palo Alto, California – Houzz, the leading online platform for home remodeling and design, providing people with everything they need to improve their homes from start to finish – online or from a mobile device has raised $32 million of series C funding led by New Enterprise Associates (NEA) and GGV Capital. The funding was also backed by Sequoia Capital, Comcast Interactive Capital, Kleiner Perkins Caulfield & Byers and David Sacks.
The new funding will be used to expand the engineering and design team. The company also announced that it will be launching a new platform called Houzz Pro +, a service designed for professionals.
Funding Total: $35,000,000
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|Investors: New Enterprise Associates (NEA), GGV Capital, Sequoia Capital, Comcast Interactive Capital, Kleiner Perkins Caufield & Byers, David Sacks|