Wimdu secures investment of 90 million US dollars from Kinnevik and Rocket Internet
15.06.2011, 10:00
Berlin June 15 (PROTEXT/ots) - In the past 100 days, Wimdu has become the world’s second largest community marketplace for private spaces
- More than 10,000 unique apartments in over 150 cities around the world, and a team of 400 employees working in 15 offices worldwide
Rocket Internet and Kinnevik have invested 90 million US dollars in Wimdu following their prior success with companies such as Groupon/City Deal and Zalando. Wimdu is a new social marketplace that pairs adventurous and discriminating globetrotters with unique properties and interesting hosts to create extraordinary travel experiences. The website allows anyone to list, find and book private spaces on any budget. Properties may range from a budget-conscious room for rent in New York to a luxurious penthouse in Paris or a sailboat in Seattle. The rapidly-expanding company, which emphasizes traveling like a local, is a fresh alternative to existing competitors.
Rocket Internet and Kinnevik are known for having invested in a considerable number of successful internet companies, such as Groupon/City Deal and Zalando. “We are pleased to be working with some of the most renowned European investors,” says Wimdu’s Global CEO and co-founder, Arne Bleckwenn. “This collaboration allows us to make use of a worldwide network and to draw on country-specific expertise, thereby propelling our business towards success,” adds Russell Goldman, head of US operations.
Contact: Nikola Guenther | Wimdu GmbH | +49 (0)176 99 54 68 78 | press@wimdu.com<\/A>