Gets Investment That Values It at $600 Million – New York Times DealBook

By Hiroko Tabuchi, originally published February 11, 2015 on New York Times DealBook, a soon-to-start online marketplace that aims to loosen Amazon’s grip on e-commerce, said Wednesday that it had raised $140 million in a new round of funding.

The investment, led by Bain Capital Ventures, values the company at almost $600 million, according to people briefed on the funding round — an unusually high valuation for a start-up that has not yet opened for business.

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