Sep
22
Airbnb Raises $555 Million in Funding
ByTechnology Crossover Ventures is said to be among lead investors in the round, expected to total $850 million.
Airbnb Inc. said it has raised $555.5 million in new funds as the company, which lets people rent out their homes to travelers, expands around the world.
This funding round, which values the San Francisco-based company at $30 billion, could eventually reach $850 million, said a person familiar with the matter, who asked not to be identified because talks are ongoing. Bloomberg reported last month that Airbnb was seeking up to $850 million in new funding at a $30 billion valuation. The company disclosed that it has raised $555.5 million in a regulatory filing on Thursday…
