Airbnb Raises $112 Million In Series B From Andreessen Horowitz, DST, and General Catalyst
Airbnb has raised $112 million at a $1+ billion valuation. This round of funding was led by Andreessen Horowitz. The split is roughly 60 million from Andreessen, 40 million from DST, and 5 million from General Catalyst. The rest of the split is from previous investors and Jeff Bezos. This round of funding raises Airbnb’s total funding to $119.8 million.
“Over the past three years, we’ve built a community marketplace for unique properties and brought it into the mainstream and into almost every country on the planet,” stated Airbnb co-founder and CEO Brian Chesky. “Today is a watershed moment — both for Airbnb as a company and for our community — that will enable us to touch new markets and expand our vision to make the world’s most interesting and inspiring places accessible to our users.”
Airbnb doubled their benchmark of 1 million nights booked in four months. The company now has over 2 million nights booked. Airbnb receives over 30 million page views per month.@amitchowdhry or on Google+ at +AmitChowdhry