Home improvement shopping site Houzz Inc. has closed on $400 million in Series E funding. The round valued the company at about $4 billion, according to an estimate from PitchBook Data Inc.Iconiq Capital led the round, according to people familiar with the matter. Returning investors GGV Capital and Sequoia Capital participated, according to one of these people. The round nearly doubled the eight-year-old company’s valuation....

Source: Wall Street Journal June 23, 2017 21:11 UTC