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Online home decor retailer Wayfair grabs $157 mln

Wayfair said Friday that it has closed $157 million in Series B financing. T. Rowe Price Associates led the round with participation from TripAdvisor CFO Julie M.B. Bradley. Headquartered in Boston, Wayfair is an online retailer of home furnishings and decor. Its backers include Battery Ventures, Spark Capital, HarbourVest Partners and Great Hill Partners.

Redfin raises funds from Tiger Global, T. Rowe Price – Reuters

Online real estate company Redfin has raised $50 million from investment companies Tiger Global Management and T. Rowe Price Associates, writes Reuters. The Seattle-based company, which announced the new funding on Wednesday, aims to cut costs to homebuyers by awarding to them a portion of real-estate fees that agents traditionally are paid by homesellers.

New Relic Raises $80m in Mezz Financing

SaaS-based application management provider New Relic has raised $80 million in mezzanine financing to help the company expand into the mobile market, extend operations to Europe in preparation for a future public offering. Insight Venture Partners led the financing, which also included a major investment from accounts managed by T. Rowe Price Associates, Inc. Other participants included Dragoneer Investment Group LLC, Passport Ventures LLC, and the company’s existing investors Allen & Company, Benchmark Capital, Trinity Ventures and Tenaya Capital.

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