AUSTIN, Texas, May 19 /PRNewswire/ -- 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.
(Logo: http://www.newscom.com/cgi-bin/prnh/20090409/DA97315LOGO-a)
"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(R) 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
About HomeAway, Inc.
HomeAway is the worldwide leader of online vacation rentals, representing
nearly 400,000 vacation rental home listings across more than 120 countries.
The company has contributed significantly to the popularity of the vacation
rental industry, making it easier than ever for both owners to advertise and
profit from their second homes and for millions of travelers to find the
perfect vacation rental. The HomeAway sites include HomeAway.com, VRBO.com,
VacationRentals.com, Holiday-Rentals.co.uk, OwnersDirect.co.uk,
FeWo-direkt.de, Abritel.fr and Homelidays.com.
HomeAway is funded by Austin Ventures, Institutional Venture Partners,
Redpoint Ventures, Technology Crossover Ventures and Trident Capital. The
company is based in Austin, Texas and has offices in London and Ashtead in
England; Kassel, Germany; and Marseille and Paris, France.
SOURCE HomeAway
Eileen Buesing, Director of Global Public Relations of HomeAway, Inc.,
+1-512-493-0375, ebuesing@homeaway.com; or Yvonne Caprini of Red Herring,
+1-650-428-2900, ext. 410
