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Home Decor Website Houzz is Now Valued at $2.3 Billion

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Photo via Houzz/<a href="https://www.facebook.com/houzz">Facebook</a>
Photo via Houzz/Facebook

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Houzz may soon shed its common description as the "Pinterest for home decor." The Palo Alto-based startup is growing aggressively, and recent filings "indicate that it is raising a Series D round of $150 million, which would give the company valuation of just over $2.3 billion...," according to TechCrunch. Houzz doesn't comment on how they plan to spend the cash. But a safe bet is Houzz's marketplace, premium accounts, and more original content.
· Home Deco Site Houzz Raises $150M At A $2.3B Post-Money Valuation [TechCrunch]
· Turn Your Decor Dreams Into Reality With This Startup [Racked SF]
· Decorist Is Affordable Personal Styling for Your Home [Racked SF]