• Google Ventures Invest In HomeAway At $1.4 Billion Valuation

    Google Ventures has invested in Austin, Texas based HomeAway, a vacation home rental service, at a $1.4 billion valuation, we’ve heard from a source. The New York Times first broke the story, but doesn’t have details on valuation or amount invested. Our source says Google Ventures invested somewhere around $25 million in the company. Google Ventures bought stock directly from… Read More

  • HomeAway Buys Vacation Rental Management Software Company

    Online vacation rental marketplace operator HomeAway this morning announced that it has agreed to acquire Instant Software, makers of vacation rental management software. With the purchase, HomeAway is able to expand its suite of product offerings for professional vacation rental managers. Terms of the acquisition were not disclosed, but it’s likely material for HomeAway as it will… Read More

  • HomeAway Woos Hotel Haters, Debuts iPhone App

    HomeAway, the Austin based provider of short-term rental property listings, services for vacation rentals by owner, and search and review tools for travelers debuted its first mobile app today. An iPhone app, it was developed by Mobiata, the Ann Arbor based creators of FlightTrack and TripDeck (popular travel apps for iPhone, also available on iPad, RIM, Android and Palm devices). HomeAway… Read More

  • HomeAway Ramps Towards IPO With Two Key Hires And $200 Million/Year In Revenue

    HomeAway, the massive vacation home rental service rollup, is ramping towards an IPO, likely in 2011, say sources close to the company. And that shouldn’t be any surprise, given the two key executive hires the company announced today – new chief product officer Tom Hale (previously CPO at Linden Labs) and chief operating officer Brent Bellm (previously PayPal, and in need of a… Read More

  • TripAdvisor Gets Serious About Vacation Rentals, Buys UK's Holiday Lettings

    Travel website operator TripAdvisor, an Expedia company, this morning announced it has acquired Holiday Lettings, credited as being the UK’s largest independent vacation rental website. The seller is Rightmove, a UK-based property website operator, having sold its majority interest in the holding company of Holiday Lettings to TripAdvisor for an undisclosed sum. Rightmove acquired a… Read More

  • HomeAway Expands To South America With Purchase Of Brazilian Counterpart

    Online vacation rental giant HomeAway this morning announced that it is expanding its global footprint and moving into South America with the acquisition of the publisher of AlugueTemporada.com.br, Brazil’s leading vacation rental site. The terms of the deal remain undisclosed. With its acquisition of what HomeAway claims is the largest vacation rental website in South America with… Read More

  • HomeAway Buys Up BedAndBreakfast.com

    Vacation home rental site HomeAway is acquiring BedandBreakfast.com, a site for finding bed-and-breakfast properties all over the world. The terms of the deal were not disclosed, but BedAndBreakfast.com will continue to operate as a separate site from HomeAway. Read More

  • HotPads Drops Its Hot Maps On Vacation Home Rentals

    Just because your bank account might be light is no reason to cancel your vacation this year. There are alternatives to expensive hotels. Expensive summer home rentals. Actually, renting someone’s vacation home for two to three weeks is usually cheaper than a fancy hotel and you get a lot more room to spread out. But finding a vacation home to rent out can be a real chore. Sites… Read More

  • Y Combinator's Airbed And Breakfast Casts A Wider Net For Housing Rentals As AirBnB

    AirBed and Breakfast, an online portal for renting space on a stranger’s airbed or couch, has re-launched its website to AirBnB, an eBay-like marketplace for all accommodations. Now a Y-Combinator start-up (the startup is currently in the winter session of the incubator), AirBnB, which launched as AirBed and Breakfast last August, found that users wanted to use the site for more than… Read More

  • Use Otalo To Search For Vacation Rentals

    Vacation rentals are big business. HomeAway, which owns a dozen or so vacation home listing sites, just raised $250 million in a venture round that values the company at more than $1 billion. But listings are spread across lots of sites – what the industry needed was a good central search engine for all those vacation home rentals. It’s also a pain to do lots of searches on… Read More

  • Monster Round For HomeAway: $250 Million, At An Absurd Valuation

    Austin, Texas based HomeAway, a vacation home rental service, has raised a $250 million round of financing. This comes on top of $209 million previously raised over two rounds. The new financing was led by Technology Crossover Ventures, with existing investors IVP and Redpoint Ventures participating as well. The financing is the largest minority investment of a U.S. Internet company in the… Read More