Airbnb, the San Francisco startup whose online listings turn homeowners’ extra space into vacation rentals, confirmed Friday that it plans to open a big Portland outpost this year in Old Town.
Portland is now the home of Airbnb
Airbnb is a website for people to rent out lodging, including private rooms, entire apartments, castles, boats, manors, tree houses, tipis, igloos, private islands and other properties. It has over 500,000 listings in 33,000 cities and 192 countries.Founded in August 2008 and headquartered in San Francisco, the company is privately owned and operated by Airbnb, Inc.
What is Airbnb
As of July 2011, the company has raised $119.8 million in venture funding from Y Combinator, Greylock Partners, Sequoia Capital, Andreessen Horowitz, DST Global Solutions, General Catalyst Partners and an undisclosed amount from A Grade Investments’ partners, Ashton Kutcher and Guy Oseary.
Headquarters: San Francisco
Business: Lists rentals in 34,000 cities across 192 countries, charging a service fee between 6 and 12 percent for each booking. Reports indicate that the company has raised around $300 million in private investment to fund its growth.
Funding: Venture capitalists have put more than $300 million into the company
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