Airbnb closes $1 billion round at $31 billion valuation
Homestay startup Airbnb on Thursday closed its $1 billion Series F funding round with a valuation of $31 billion. Investors who participated in the round reportedly include Sequoia Capital, Andreessen Horowitz, Google's CapitalG and Technology Crossover Ventures (TCV). The US-based startup, which was founded in 2008, turned profitable in the second half of 2016.