The Neiman Marcus sign outside a store in Golden, Colorado in this December 9, 2009, file photo.  A consortium of Ares Management LLC and the Canada Pension Plan Investment Board said on September 9, 2013, that they had reached a deal to buy luxury U.S. retailer Neiman Marcus Inc for $6 billion from a group of investors led by private equity firms TPG Capital LP and Warburg Pincus LLC.   REUTERS/Rick Wilking/Files (UNITED STATES - Tags: BUSINESS)

PE HUB First Read

First Read ushers in the mid-week with news that Netflix is offering parents unlimited paid leave for a year, the FBI is reportedly investigating the security of Hillary Clinton’s email server and luxury department store Neiman Marcus files for an IPO.


PE HUB Second Opinion

In Second Opinion, billionaire John Paulson donates $400 million to Harvard, making it the largest gift ever for the university, Yahoo wins rights to live stream an NFL game in October and New York issues BitLicense rules for bitcoin companies.


Houzz snags $165 mln in Sequoia-led round

Palo Alto, Calif.-based home remodeling and design platform Houzz has secured $165 million in funding. Sequoia led the round with participation from Oren Zeev, New Enterprise Associates, GGV Capital, Kleiner Perkins Caufield & Byers, DST Global and T. Rowe Price.

Online Payments Co. Klarna Lands $155M Financing

Klarna, an online payments service based in Stockholm, has closed $155 million financing from DST Global, General Atlantic and Sequoia Capital. The funding will support expansion efforts. With Klarna, consumers do not have to pay for products until they are delivered. The company says it handles more than $2.5 billion worth of transactions annually.

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