Internet furnishings retailer Wayfair raises $157M

|By:, SA News Editor

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.

Previously (PR)