How it started
History
HomeAway was founded in 2004 as CEH Holdings. The company acquired several websites and consolidated them into a single vacation marketplace, launching HomeAway.com in June 2006.
HomeAway raised $250 million in venture-capital which was funded by venture capital firms Austin Ventures, Institutional Venture Partners, Redpoint Ventures, Technology Crossover Ventures, and Trident Capital.
A federal lawsuit accuses Austin-based vacation rental company HomeAway Inc. of engaging in "bait and switch tactics" after it rolled out new service fees for customers booking vacation rentals.
Those fees "range from 4 percent to 10 percent of the total price of the vacation rental," according to the suit filed this week in US District Court in Austin. The suit claims the new fees are substantially increasing prices paid by consumers, dramatically changing the business model upon which HomeAway and its sister sites, such as Vrbo, were built.
From Wikipedia’s article on HomeAway, shared under CC BY-SA 4.0.3