HomeAway’s Giant Round Makes eBay Look Smart
Austin, Texas based HomeAway, a vacation home rental service, has raised a $250 million round of financing. This comes on top of $209 million previously raised over two rounds. The new financing was led by Technology Crossover Ventures, with existing investors IVP and Redpoint Ventures participating as well. The financing is the largest minority investment of a U.S. Internet company in the last eight years, according to Venture Source.