Grocery Delivery Startup Instacart Raises $210 Million More

Grocery delivery startup Instacart has raised an additional $210 million, according to an SEC filing on Monday. The filing confirms a Series C funding round reported earlier this month, which values the company at more than $2 billion.

Kleiner Perkins was expected to lead the round, although no new board members are listed in the filing. The financing comes just six months after Instacart’s last raise, which was led by Andreessen Horowitz and valued the company at $400 million. Other investors include Sequoia Capital, Khosla Ventures, and Canaan Partners, along with Box CEO Aaron Levie, and Y Combinator president Sam Altman.

from TechCrunch http://feedproxy.google.com/~r/Techcrunch/~3/Ui98qGKw1-Y/

via IFTTT