Airbnb Receives $112M in Series B Financing

Airbnb, a San Francisco, California-based community marketplace that allows users to discover and book spaces around the world, has received $112m in Series B financing.

Investors include Andreessen Horowitz, DST Global, and General Catalyst.
This brings the total amount by the company to $119.8m.

Airbnb intends to use the funds to hire new staff and open offices to strengthen the community at the local level.

Founded in August 2008 and led by CEO Brian Chesky, the company is developing a marketplace designed to allow people to list, discover, and book spaces around the world online or from smartphones.



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