By Haley Velasco

Airbnb has raised $555m at a $30 billion valuation, according to Fortune. This money is part of a $850m round that it filed to raise last month.

This new investment follows a $1bn credit facility Airbnb secured in June, which brings it to $4bn in total funding to date.

Google Capital, a unit of Alphabet which is Google’s parent holding company that invests in late-stage startups primarily for financial gains, and Technology Crossover Ventures, which invests in expansion stage information technology companies, led the deal and Airbnb’s current valuation makes it the second most valuable U.S. startup behind Uber, which is valued Read full story ›

Source: The Drum