Airbnb, the well known marketplace for places, has increased $112 million in funding from Andreessen Horowitz DST Global and General Catalyst in order to boost international development.

According to a reliable source, the company is now worth north of $1 billion. It is a huge jump from the $7.2 million Series A it increased in November 2010.  The company as well acknowledged a “significant investment” from Ashton Kutcher only a few months ago.

Brian Chesky, co-founder and CEO said, “Today is a watershed moment – both for Airbnb as a company and for our community . . . → Read More: Airbnb Increases $112 Million for Boosting International Development