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Houzz Raises $35M

By TechTaffy Desk

houzz[Techtaffy Newsdesk]

Houzz, an online platform for home remodeling and design, has closed a $35 million Series C financing led by New Enterprise Associates (NEA) and GGV Capital, with participation from Sequoia Capital, Comcast Ventures, Kleiner Perkins Caufield & Byers (KPCB) and Yammer founder David Sacks.

Over the past 12 months, Houzz has grown more than 450 percent to 12 million monthly unique users, says the company. More than 160,000 home professionals interact with 12 million people looking to remodel or decorate, compared with 10,000 professionals two years ago.  

The company’s Series A financing was led by Oren Zeev, followed by a Series B led by Sequoia Capital.

Upload: 01-30-13

 

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