09-03-2017 19:40 via feedproxy.google.com

Airbnb raises $1 billion more, and it’s profitable

Airbnb announced today the close of an oversubscribed round of more than $1 billion.
In September 2016, the hospitality giant filed forms with the SEC to indicate it had raised $555,462,180, VentureBeat has learned. Today, the startup filed a form D with the SEC confirming an additional $447,849,885, a source close to the company told us. In total, Airbnb raised $1,003,312,065 in this newly closed round.
The San Francisco-based tech unicorn turned profitable in the secon
Read more »