HomeAway Raises $160 Million for Vacation Rental-Site Rollups [The Next Net]

November 14th, 2006 by adam | Filed under Innovation & Startups, Travel, Venture Capital.

Austin-based HomeAway raised a whopping $160 million from VC firms like Redpoint Ventures, IVP, and Trident to go on an acquisition binge and roll up the fragmented vacation rental Website industry. Usually rollups like this are done in more mature industries. File this one under, "Bubble Watch."