Skyscanner valued at £500m in new deal One of Scotland's fastest-growing technology companies has completed a second round of funding that will value the business at £500m. Skyscanner, the flight comparison search engine has received an undisclosed sum from Silicon Valley based Sequoia Capital. Sequoia chairman Sir Michael Moritz, a former director of Yahoo and Google in their earlier years, join Skyscanner's board. Moritz described Skyscanner as "one of the best technology companies ever to come out of Europe." The company, based in Ediburgh's Quartermile development, is in the process of doubling its workforce to 500 and has opened an office in Glasgow. Its mobile app has been downloaded over 25 million times and its web site attracts over 25 million unique users a month. Skyscanner has just opened an office in Miami as a base from which to build its business in the US, Canadian and Latin American markets. It is already showing triple digit growth elsewhere around the world. Director Calum Paterson, managing partner of first round investor Scottish Equity Partners, said: "We have worked closely with Skyscanner since we first invested almost six years ago. During that time it has achieved exponential growth and been transformed into a world class company.