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March 12, 2011 04:42 am GMT
Vacation home rental service HomeAway has just submitted its S-1 filing with the SEC, indicating that it will file for a public offering in the next few months. The maximum proposed total offering price is $230 million but this could be just a placeholder amount.HomeAway has raised close to a half a billion dollars in venture funding, and in its most recent investment round was valued at $1.4 billion. HomeAway, which has been eying an IPO, currently offers home rentals through 31 websites in 11 languages and provided listings for vacation rentals located in over 145 countries. In 2010, its sites averaged over 9.5 million unique monthly visitors.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/0CHctQAQN3w/
Vacation Home Rental Service HomeAway Files For $230 Million IPO
Vacation home rental service HomeAway has just submitted its S-1 filing with the SEC, indicating that it will file for a public offering in the next few months. The maximum proposed total offering price is $230 million but this could be just a placeholder amount.HomeAway has raised close to a half a billion dollars in venture funding, and in its most recent investment round was valued at $1.4 billion. HomeAway, which has been eying an IPO, currently offers home rentals through 31 websites in 11 languages and provided listings for vacation rentals located in over 145 countries. In 2010, its sites averaged over 9.5 million unique monthly visitors.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/0CHctQAQN3w/
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