Wimdu GmbH, a German company that operates a global marketplace for all types of accommodation, has raised $90m in funding.
Investors include Rocket Internet and Kinnevik.
The company intends to use the funds to grow its network.
The website allows users to list, find and book private spaces on any budget. Wimdu has been launched in eleven languages and operates throughout Europe, Asia and the Americas. The platform also provides destination information including travel tips and virtual guided tours. It currently features over 10,000 private accommodations in more than 50 countries.
Co-founded by CEO Arne Bleckwenn and Russell Goldman, head of US operations, the company currently employs 400 people in 15 offices worldwide.