HomeAway ignores Calacanis's brilliant advice, raises $250 million Austin-based HomeAway, which operates a network of vacation rental listings, has landed a $250 million round of funding, at a pre-money valuation of $1.15 billion. Technology Crossover Ventures led the round, which you can read about at TechCrunch . HomeAway, which seems to have acquired all its competitors over the past couple of years, didn't even have to lay off the token 20 percent of staff.