HomeAway raises $250m in VC funding
November 12th, 2008HomeAway, the Austin Texas based vacation rental website who also owns VRBO, VacationRentals.com, Abritel.fr, OwnersDirect.co.uk and several other vacation rental websites, just announced $250 million in additional funding.
This comes on top of a previous $209m raised earlier. The new financing provided by Technology Crossover Ventures, IVP and Redpoint Ventures.
Before the funding, Homeaway was valued at about $1.15 billion USD. They have revenues of around $150 million and $50 million. Ebay was rumored to have mulled over an acquisition earlier this year at $1.5 billion, but it never came through with an offer.
December 21st, 2008 at 8:17 pm
Thanks so much for posting the “HomeAway raises $250m in VC funding” story. As someone who has been interested in HomeAway news in the past, I thought you might like to hear about the “Why I Deserve a Getaway from HomeAway” contest. Participants must submit a post explaining why they’re worthy of winning a getaway.
To participate, all you have to do is create a post explaining why you deserve a week away- and where you’d want to spend it. With over 118,000 vacation rentals in 100+ countries, I am sure you will find a vacation rental that will tantalize your senses!
Entries are accepted now through January 7, so visit http://blog.homeaway.com for information about the “Why I Deserve a Getaway from HomeAway” contest. The person with the best post, as voted on by your peers and other travelers, will win a $5,000 stay in the HomeAway vacation home of their choice!
Please feel free to pass this on to any friends and family who blog! (Or ask them to vote for your entry January 8-15).
Thanks for your time and good luck!