Houzz is a platform for docking buildings, decoration designers and users

Houzz is a docking building, home decoration designers and users of the platform (also have electric business), according to a document found by VC experts, it has reached a round of 150 million dollars in the D-round financing, on the basis of fully diluted shares (a total of 31 million shares), after the transaction valuation will reach 2.3 billion U.S. dollars. In July 2013 it took a C-round financing of 35 million dollars, which was valued at $325 million.

At present, Houzz has 20 million of the monthly live users, it is located in the home decoration market about 300 billion U.S. dollars in size. It is said that 35% of its subscribers are from overseas, with offices in the UK, Germany and Austria, as well as in the Asia-Pacific region. It was Oliver Jung, previously responsible for Airbnb international expansion, that was leading the international business.

The paper did not disclose this round of investors, the former investors including Kleiner Perkins, New Enterprise Associates, and Sequoia Capital, the venture's partner Alfred Lin in the Houzz board of directors held a seat. The VC experts's Justin Byers speculated that since both the C and D-round investors in the document had not been appointed to the board, this could be an additional investment. The paper also shows that this round of 74.9236 U.S. dollars in the price of additional 200 2039 shares, and the C round of the stock price of only 13.3438 U.S. dollars.

As to how the money should be spent the document also does not mention that Houzz's existing sources of income include electricity dealers, as well as paid designer users. Presumably Houzz will have more new features to attract users with marketing needs.

The high valuation of the Houzz may be related to the U.S. is recovering from the housing market, at least the recent overseas real estate internet projects and investment has been continuous, Chinese capital has also been to a field outflow of posture, such as the previous two days, Renren has been to the U.S. real estate public Fundrise site.