HomeAway Honored with Red Herring 100 North America Award
AUSTIN, TX, May 19, 2009 — HomeAway, Inc., the world’s leading online vacation rental marketplace, today announced it was chosen as a winner of the Red Herring 100 North America award, a prestigious list honoring the year’s most promising private technology ventures.
"This year was especially difficult," said Alex Vieux, Publisher and CEO of Red Herring. "There were so many great companies producing really innovative and amazing products that we had a difficult time. We know that this year’s crop will grow into some amazing companies that are sure to go far."
HomeAway® was selected from a pool of more than 1,200 qualified applicants based on a variety of criteria including financial performance, technology innovation, quality of management, execution of strategy and integration in the industry.
Since the company's inception in 2005, HomeAway built a leadership position in the vacation rental industry in the U.S. and Europe and has taken the category mainstream, attracting nearly 400,000 property listings and more than 100 million travelers per year to its sites worldwide.
The final list was revealed at the Red Herring 100 Spring Event, held May 11-13 in San Diego, CA.
“We’re honored to be part of a list that’s so well-known for identifying the leaders in innovation and technology,” says Brian Sharples, HomeAway CEO.
Funded by Austin Ventures, Redpoint Ventures, Institutional Venture Partners, Technology Crossover Ventures and Trident Capital, HomeAway has raised more than $405 million, to date– including $160 million in November 2006 and an additional $250 million in November 2008 that represented the largest minority investment of a U.S. Internet company since 2000.
To see the complete list of winners, visit: http://www.herringevents.com/northamerica09/redherring100.html#winner
About Red Herring:
Red Herring is a global media company uniting the world's best high technology innovators, venture investors, and business decision-makers in a variety of forums: a leading innovation magazine; an online daily technology news service; technology newsletters, and major events for technology leaders around the globe. Red Herring provides an insider's access to the global innovation ecosystem, featuring unparalleled insights on the emerging technologies driving the economy. For more information, visit www.redherring.com
For information contact:
Director of Global Public Relations
Red Herring: Yvonne Caprini
Office- (650) 428 2900x410