Houzz reportedly raising $150M, boosting its valuation to $2.3B

Home improvement and design website Houzz is reportedly raising $150 million in a fourth round of funding that puts the company’s valuation after the investment at $2.3 billion, TechCrunch reported.

In its last round, in January 2013, Houzz raised $35 million and was valued at $325 million, according to a document filed with Delaware’s Secretary of State at the end of May. The filing does not say who is behind the latest investment or how it will be used. Houzz declined TechCrunch’s request for comment.

Source: techcrunch.com