Airbnb Receives $7,200,000 Series A Funding

  • Feed Type
  • Date
    11/11/2010
  • Company Name
    Airbnb
  • Mailing Address
    142 10th St. San Francisco, CA 94103
  • Company Description
    The company operates a website where users can purchase rooms to share with each other on trips.
  • Website
    http://www.airbnb.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $7,200,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    Airbnb will use their millions to continue global expansion, hire staff, make translated versions (they are already available in seven languages), and create multiple payment options to suit any lister or booker, no matter what country they’re in.
  • M&A Terms
  • Venture Investor
    Sequoia Capital
  • Venture Investor
    Greylock Partners