According to the New York Times, online marketplace Jet, has raised $140M in a round led by Bain Capital Ventures. The funding values the company at almost $600 million. Other venture capital investors, including Accel Partners, General Catalyst Partners, Goldman Sachs and Google Ventures.

At Jet we will make use of the latest advancements in technology to create a new shopping experience that will empower customers like never before. Jet will bring unprecedented transparency and efficiencies to the overall e-commerce market, and as a result, will transform the customer experience in a way that, until now, has not been possible.