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peHUB Second Opinion

In second opinion, Shake Shack files for an IPO, Uber’s app seems to make it safer for more women to break into the taxi industry and why smartphones are getting bigger.

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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.

Wayfair Raises $36.3M From Battery, Great Hill, HarbourVest & Spark

Wayfair.com said it raised $36.3 million in equity financing from Battery Ventures, Great Hill Partners, HarbourVest Partners and Spark Capital. The money will be used to grow Joss & Main, the company’s private sale site for the home. The site has nearly three million members and is operating at a $100 million annual revenue run-rate.

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