HomeAway, Inc. (NASDAQ: AWAY), an Austin, Texas-based online marketplace for the vacation rental industry, acquired Dwellable, an online vacation rental search engine and app.
The terms of the deal were not disclosed.
Backed by Version One Ventures and Maveron, Dwellable is an online vacation rental search engine and vacation rental app that provides interactive ways for travelers to find and book vacation rentals.
The team and mobile app technology will be leveraged for the enhancement of the HomeAway® app, which enables families and groups to book a vacation rental by accessing information about the home and surrounding areas and activities through Gogobot, calling an Uber car ride, ordering Instacart grocery delivery and hiring a babysitter from Care.com.
Following the deal, Dwellable will phase out its mobile app and website, therefore new reservations ceased to be accepted after October 1. Similarly, owners and property managers will not be able to access listings on Dwellable after this date, but will use HomeAway to do so.
FinSMEs
077/10/2015