Jul 25, 2011

AirBnB gets $112 million in new investment
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Written by : Tom George| 2 | Business

Via Scoop.itinternetbillboards

AirBnB, a San Francisco-based person-to-person room, apartment and house rental startup has raised $112 million in Series B funding from a group of investors including Russian Internet investor DST Global, General Catalyst and Andreessen Horowitz. hough three years old, the company has raised about $120 million. AirBnB Andreessen Horowitz partner Jeff Jordan who till recently was the chief executive officer of Open Table led the investment on behalf of Andreessen Horowitz. Frankly, today’s new announcement is just an affirmation of what has been reported in the past, ad nauseam. Sarah Lacy of Techcrunch had first reported of the likely investment on May 30, 2011 and speculated that the company was valued at close to a billion dollars.
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Tom George

Founder and CEO of Internet Billboards. A futurist and serial entrepreneur, as well as a professional fitness trainer, martial artist, and business strategist. Helped to develop inbound advertising. An avid content curator who enjoys finding those digital gems out there in cyberspace and sharing them with others.
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Tom George

Founder and CEO of Internet Billboards. A futurist and serial entrepreneur, as well as a professional fitness trainer, martial artist, and business strategist. Helped to develop inbound advertising. An avid content curator who enjoys finding those digital gems out there in cyberspace and sharing them with others.

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