Monday, November 26, 2012

Collaborative Consumption: Love Home Swap Raises Further $1.28M From MMC Ventures, Angels To Scale By Acquisition

Screen Shot 2012-11-25 at 13.50.14Collaborative consumption continues to be a hot trend in the eyes of investors as news comes today that Love Home Swap, the holiday home exchange marketplace, has raised a further ?800k (approx. $1.28m) from MMC Ventures, along with a number of unnamed angels. The new capital will be used to scale the company, including through acquisition, and to continue to develop the service and launch a new bespoke insurance product, a much needed feature post-Airbnb woes.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/0v1FyLWrmi4/

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