By Linda Chiem ( June 29, 2015, 5:49 PM EDT) -- Airbnb Inc. has completed one of the biggest private funding rounds ever by raking in $1.5 billion to value the short-term home rental site at $25.5 billion, the Wall Street Journal reported Friday. Private equity players leading the funding round included General Atlantic Inc., Chinese firm Hillhouse Capital Group, and alternative-investment firm Tiger Global Management, according to the WSJ. Those firms are collectively buying about a third of the shares allocated for the funding round. The funding round also included Singapore's Temasek Holdings, venture-capital firms Kleiner Perkins Caufield & Byers, GGV Capital, China Broadband Capital and Horizon Ventures. With the close of the financing, Airbnb has more than doubled its valuation of $10 billion from just over a year ago, according to the report....
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