Airbnb Acquires Accoleo, A German ‘Equivalent’

Airbnb Acquires Accoleo, A German ‘Equivalent’



Airbnb has raised $100 million at a $1 billion valuation, and it’s using some of that cash (and/or stock) to acquire a German ‘equivalent’ dubbed Accoleo.

Accoleo is now part of Airbnb, the world’s leading community marketplace for people to list, discover, and book unique properties around the world.

In a recent interview with GigaOM, Airbnb co-founder Joe Gebbia said the service is becoming increasingly popular for listings abroad, and that a major focus in the near future will be on customizing the site to better facilitate that international growth.

The acquisition of Accoleo, terms of which were not disclosed, fits neatly into that picture. Accoleo founder Gunnar Glad will be heading Airbnb’s operations in Germany.

Founded in August 2008 and based in San Francisco, California, Airbnb is a trusted community marketplace for people to list, discover, and book unique spaces around the world online or from an iPhone device.