HouseTrip.com Locks in $40 Million for European Rentals Site

London-based HouseTrip.com, which is focused on the European vacation-home market, has raised $40 million in funding. The round was led by Accel Partners, with existing investors Balderton Capital and Index Ventures also participating. The company will use the cash to expand into more territories, and to develop new products and services for both travelers and hosts. Total investment to date is $60 million.


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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald