Expedia Raises $400M in Series E
Expedia has successfully raised $400M in a Series E at a $12B valuation led by Liberty Media, USA Networks.
Company Overview
Expedia is a Travel company headquartered in Seattle, WA, founded in 1996 with 20000+ employees.
Online travel company
Fundraising Details
- Amount Raised: $400M
- Round Type: Series E
- Valuation: $12B
- Date: 2024-10-08
- Investors: Liberty Media, USA Networks
About Expedia
Online travel company The company is positioned in the Travel sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: Seattle, WA
- Founded: 1996
- Team Size: 20000+
- Industry: Travel
What This Means
This funding round demonstrates strong investor confidence in Expedia's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The Travel sector continues to attract significant investment as companies innovate to meet evolving market demands. Expedia's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $12B valuation marks an important milestone for Expedia, positioning the company among notable players in the Travel industry.
Looking Ahead
With this new capital, Expedia is well-positioned to execute on its growth strategy and continue building innovative solutions in the Travel space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
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This fundraising news was reported on 2024-10-08. For more information about Expedia, visit their headquarters at Seattle, WA.
