Despite the nation's shaky economy and a credit crunch that makes it difficult for businesses to borrow money, an Austin Internet company recently landed $250 million in new venture financing.
November 24, 2008 at 12:00 AM
1 minute read
Despite the nation’s shaky economy and a credit crunch that makes it difficult for businesses to borrow money, an Austin Internet company recently landed $250 million in new venture financing.
The $250 million investment in HomeAway Inc., the world’s leading online vacation rental clearinghouse, is the largest venture capital investment in a Texas company since at least 1995, say lawyers from Wilson Sonsini Goodrich & Rosati who represent HomeAway.
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