Airbnb raises $117 million in funding and could hit $2 billion valuation
Skift Take
This little chunk of change should help Airbnb spread its wings a bit and get into a few new households.
Social bed and breakfast startup Airbnb has secured a long-rumored giant round of $117 million in funding, according to an SEC Form D issued today.
It's unclear exactly who invested in the new round, however, billionaire Peter Thiel may have invested a large chunk of change in Airbnb as VentureBeat previously reported. The new funding could boost Airbnb’s valuation to more than $2 billion. (The company’s last big round was $112 million in 2011, which put it into the billion dollar valuation club.)
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