Airbnb Said to Be Raising Funding From TPG at $10B Value
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Airbnb Inc. is raising money from investors including TPG Capital in a financing round that would value the room-sharing service at more than $10 billion, said people with knowledge of the deal.
Airbnb is set to raise around $450 million in the funding, said one of the people, who asked not to be identified because the information is private. The closely held San Francisco-based company, which is backed by venture-capital firms including Sequoia Capital, Greylock Partners and Founders Fund, was last assigned a value of $2.5 billion by its investors in 2012.