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Wayfair Raises $157M

By TechTaffy Desk

Wayfair, an online retailer of home furnishings and decor, has raised $157 million in equity financing. The Series B investment round was led by T. Rowe Price Associates, and includes an investment from Julie M.B. Bradley, TripAdvisor CFO and Wayfair board member. 

Wayfair reported an annual growth rate of 55 percent in 2013 to end the year with $915 million in revenue, according to numbers released by the company. 

[Image courtesy: Wayfair]

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