Thursday, March 20, 2014

Airbnb Raising Up To $500M In Mega Round, Says Report

San Francisco-based Airbnb is in the midst of raising up to $500M in a funding round, according to a report today from the WSJ. The report says the company is looking to raised $400 to $500M, in a valuation of over $10 billion, in a funding led by TPG Capital. Airbnb's other investors include DST Global, Andreessen Horowitz, Greylock Partners, Sequoia Capital, SV Angel, Ashton Kutcher, and Youniversity Ventures, along with Y Combinator.