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Goldman Sachs backs a wedding-planning start-up


AIRBNB Inc in travel, Uber Technologies Inc in transportation, Zillow Group Inc in real estate; most industries have been changed dramatically by tech startups in recent years. Zola Inc just tied the knot on a big financing round to try to do the same for the costly and complex business of weddings.

The startup, led by former Gilt Groupe executive Shan-Lyn Ma, said last week it raised US$100mil from investors including Comcast Corp and Goldman Sachs Group Inc. The deal values Zola at about US$600mil, according to a person familiar with the deal.

startup , Zola

   

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