Airbnb Raises $1 Billion More in a Funding Round
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Peter Coles, head economist of Airbnb, at its headquarters in September in San Francisco.CreditJason Henry for The New York Times
Airbnb has raised an additional $1 billion, expanding its war chest at a time of increased investor interest in fast-growing businesses.
The company, which disclosed the funding in a securities filing on Thursday, raised the money in a financing round that began last summer and that valued the business at $30 billion. The filing did not name the investors.
Over the years, Airbnb, a short-term lodging rental company founded in 2008, has raised more than $3 billion, and secured a $1 billion line of credit, according to the research firm CB Insights. Airbnb, based in San Francisco, is the No. 2 most valuable private company in the United States behind Uber, the ride-hailing business, according to CB Insights…
Airbnb Raises $1 Billion More in a Funding Round
