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May 17, 2011 03:42 pm GMT
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 9flats' management team and service across Europe as it aims to become a "global player" in the online travel industry.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/R9i-MLEv8S8/
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 9flats' management team and service across Europe as it aims to become a "global player" in the online travel industry.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/R9i-MLEv8S8/
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