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Vacasa announces leadership team shakeup
Reading Time: 3 minutesUS: Portland-based vacation rental management platform Vacasa has announced a number of key changes to its leadership team and the engagement of an observer to serve on its board of directors.
Airbnb receives $1bn funding injection to fend off Covid-19 fallout
Reading Time: 3 minutesUS: Airbnb is to receive $1 billion [£816 million] in investment from California-based Silver Lake and San Francisco’s Sixth Street Partners to help the embattled company deal with the fallout from Covid-19. The substantial financial injection, made up of debt and equity securities is in line with CEO and co-founder Brian Chesky’s announcements last […]
Vacasa raises $319m in Series C round led by Silver Lake
Reading Time: 2 minutesUS: Vacation rental management platform Vacasa has announced a $319 million strategic investment round led by Silver Lake, a global leader in technology investing. Existing investors Riverwood Capital, Level Equity, and NewSpring also participated in the capital raise. According to Vacasa, the company’s valuation has now exceeded $1 billion following the funding announcement. The company’s […]