Airbnb is raising a new round of funding that would value the company at $30 billion

Brian chesky airbnbKimberly White/GettyAirbnb CEO Brian Chesky

Airbnb is seeking to raise a new round of funding that would put the value of the company around $30 billion, according to the New York Times

The new round of investment would be used to grow the home-rental company and help it to further expand internationally.

The new valuation would be triple of Aribnb’s valuation two years ago, according to the Times, making it the second most valuable privately held tech startup after Uber.

NOW WATCH: This is how you’re compromising your identity on Facebook

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.