Locks in $40 Million for European Rentals Site

London-based, 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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There’s a lot of attention and PR around Marissa, but their product lineup just kind of blows.

— Om Malik on Bloomberg TV, talking about Yahoo, the September issue of Vogue Magazine, and our overdependence on Google