Russian venture firm Digital Sky Technologies (DST) has joined the latest $112m funding round for home renting company Airbnb alongside venture firms Andreesen Horowitz and General Catalyst Partners.
The series B funding round values Airbnb at $1.3bn, according to news provider Financial Times. Andreessen Horowitz has taken $60m of the latest investment, DST ($40m) and General Catalyst ($5m), according to news provider Tech Crunch. The remainder came from existing investors and Amazon chief executive Jeff Bezos, Tech Crunch said. DST is backed by Chinese internet firm Tencent.
In November last year venture capital firms Sequoia Capital, Greylock Partners and other investors backed Airbnb’s $7.8m series A financing, giving an aggregate of $119.8m raised.
Airbnb has booked more than 2 million rooms and has more than 30 million page views a month. It was founded in 2008.
Yuri Milner, founder of DST Global, said: "Airbnb, with its strong management team and engaged worldwide community is on a path to become a transformational company."