Tag: $4.3

23 JUN

Houzz raises $400 million, doubling valuation to $4.3 billion

Houzz, which provides a home remodeling and design service, just closed a $ 400 million round led by Iconiq Capital, according to a report published today by The Wall Street Journal. Previous investors Sequoia Capital and GGV Capital also participated. Equidate, a stock market for private companies, estimates the company to be valued at $ 4.3 billion. […]

21 APR

Volkswagen Sentenced for Conspiracy and Fraud; Penalties Total $4.3 Billion

– Volkswagen was sentenced Friday in federal court after pleading guilty in January to multiple criminal charges and $ 4.3 billion in penalties surrounding its diesel emissions scandal. – The sentence, read by U.S. district judge Sean Cox in Detroit, formalizes the company’s plea to pay $ 2.8 billion for criminal charges including “conspiracy to […]