9flats, The European Airbnb, Secures ?Major Investment? From Silicon Valley?s Redpoint

9flats, the peer to peer apartment rentals site (or Airbnb-clone), has secured a "major investment round" led by Silicon Valley VC firm Redpoint Ventures. European-based eVenture Capital Partners also participated. Terms of the deal aren't being disclosed although 9flats says this brings its total funding to $10m just six months after the startup was founded. The new round will be used to expand 9flats' management team and service across Europe as it aims to become a "global player" in the online travel industry.

THQ TEXAS INSTRUMENTS TERADATA