May 17th, 2011

9flats, the European Airbnb, secures 'major investment' from Silicon Valley's Redpoint

9flats, the peer to peer apartment rentals site (or Airbnb-clone), has secured a “major investment round” led by Silicon Valley VC firm Redpoint Ventures. European-based eVenture Capital Partners also participated.

Terms of the deal aren’t being disclosed although 9flats says this brings its total funding to $10m just six months after the startup was founded. The new round will be used to expand… → Read More