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takyon writes:

Airbnb, a site for listing and finding rent lodging, has raised $1.5 billion, according to an SEC filing:

Back in June, the WSJ reported that Airbnb had raised a massive $1.5 billion round of funding. Today, the company confirmed those reports by way of an SEC filing.

The total offering and sold amount is $1,499,937,904.00 for those keeping score.

Airbnb's valuation is now at or above $25 billion, which is just staggering. It sounds like Airbnb is going to focus on strengthening itself overseas before even thinking about going public.

The company is also busy fighting fires here in the States, as cities have tried to put a cramp in their style with not much success.

Original Submission

1. "takyon" - https://soylentnews.org/~takyon/
2. "Airbnb" - https://en.wikipedia.org/wiki/Airbnb
3. "raised $1.5 billion" - http://techcrunch.com/2015/12/07/airbnb-confirms-its-massive-1-5-billion-raise/
4. "WSJ reported that Airbnb had raised a massive $1.5 billion round" - http://www.wsj.com/articles/airbnb-raises-1-5-billion-in-one-of-largest-private-placements-1435363506
5. "by way of an SEC filing" - http://www.sec.gov/Archives/edgar/data/1559720/000116840415000029/xslFormDX01/primary_doc.xml
6. "strengthening itself overseas" - http://recode.net/2015/12/07/airbnb-officially-confirms-gargantuan-1-5-billion-funding-round-in-sec-filing/
7. "busy fighting fires here in the States" - http://techcrunch.com/2015/11/11/airbnb-city-compact/
8. "tried to put a cramp in their style" - http://techcrunch.com/2015/10/21/that-airbnb-ad/
9. "Original Submission" - https://soylentnews.org/submit.pl?op=viewsub&subid=11015

printed from SoylentNews, Airbnb Raises $1.5 Billion, Valued at Over $25 Billion on 2026-03-13 21:32:34