HomeAway Acquires Dwellable for Team and App
Photo Credit: HomeAway acquired Dwellable and its app will be shut down. Dwellable
Skift Take
HomeAway's acquisition of Dwellable looks like a classic employee grab to help with development of HomeAway's own apps. And having funding participation from a HomeAway board member at the time never hurts in getting the big company's attention.
High valuations have certainly slowed merger and acquisition activity in the vacation rental market in the last couple of years. As evidence of that trend, HomeAway announced a modest acquisition of Dwellable, which had raised $2 million in seed funding.
[Update: HomeAway revealed November 6 that it acquired Dwellable on October 1 for $18 mil
