Almost two months after rumours first surfaced of a mammoth funding round, Airbnb has finally completed its Series B injection of $112 million in capital.
The round was financed by Andressen Horowitz, DST Global and General Catalyst and is over $20 million more than the $90 million secured by rival Wimdu in mid-June.
The latest round brings the total level of capital thrown into Airbnb so far to $119.8 million, illustrating the massive jump between the initial investment and the new support from Andressen et al.
Read full story at: http://www.tnooz.com/2011/07/25/news/airbnb-captures-112m-funding-round-wants-global-domination/
