Internet furnishings retailer Wayfair raises $157M

Wayfair has raised $157M in a Series B round led by one-time Twitter investor T.Rowe Price, the online home-furnishings site has said. TripAdvisor CFO Julie Bradley also participated in the fundraising.

Wayfair's valuation was $2B, Bloomberg reports. The company's sales jumped 55% last year to $915M.

Wayfair has already reportedly started talks with banks about underwriting an IPO.

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