Vacation rental startup Airbnb has raised $112 million in a new round of financing, Reuters reports. The investment round was led by Andreessen Horowitz, DST Global and General Catalyst.
The San Francisco-based company intends to use the proceeds to expand internationally and open new offices. The new round brings Airbnb’s total funding to around $119.8 million.
Click here for the story from Reuters.
Click here for additional coverage from Xconomy.