The Comcast-backed company, which links a visual social media platform with goods and services, is valued at $4bn and is potentially pointing a new way forward for mobile commerce.
Houzz, a US-based home improvement image and services platform that counts mass media group Comcast as an investor, has closed a $400m funding round, Bloomberg reported on Saturday.
The round, which valued Houzz at $4bn according to two people familiar with the matter, included investment manager Wellington Management Company and venture capital firms Sequoia Capital, Zeev Ventures and GGV Capital, and was led by family office Iconiq Capital, according to a subsequent press release. Most of the details had originally…
