Houzz raises $400 million, doubling valuation to $4 billion
Home remodeling and design startup Houzz has raised $400 million in a Series E funding round which reportedly doubles the startup's valuation to about $4 billion. The round was led by Iconiq Capital, with participation from Sequoia and GGV Capital. The California-based company was founded in 2009 by CEO Adi Tatarko and President Alon Cohen.