Airbnb confirms big funding rumor with $117 million round

Airbnb has raised a $ 117 million Series C round, according to a new filing with the SEC, which was first spotted by TechCrunch. The room-rental company had been rumored to be raising a huge $ 150 million round, including participation from Peter Thiel, that could give it a valuation of $ 2.5 billion. The filing notes that it was a combination of debt and equity. A second filing with the SEC notes another $ 1.57 million in equity raised.

The filing doesn’t mention Thiel but does include Jeff Jordan of Andreessen Horowitz and Greg McAdoo of Sequoia Capital. Airbnb has previously raised $ 120 million including a $ 112 million round from DST Global, General Catalyst and Andreessen Horowitz. Airbnb has also raised money from SV Angel, Sequoia, Crunchfund, Greylock and other individuals such as Jeff Bezos and Ashton Kutcher.

Airbnb has been growing quickly and now operates in 192 countries, with 10 million nights booked as of June. We’ve reached out to Airbnb and will update with comments.


GigaOM