Houzz, a Palo Alto, CA-based platform for home remodeling and design, closed a $35m Series C financing.
The round was 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.
The company intends to use the capital to further build its engineering and design team at its headquarters in PAlo Alto.
Led by CEO Adi Tatarko, Houzz provides an online and mobile platform for home remodeling and design connecting homeowners with (More than 160,000) home improvement professionals to get design inspiration, project advice, product information and reviews. The company recently launched Houzz Pro+, a premium marketing program for professionals.
FinSMEs
29/01/2013