Campsite-booking service Hipcamp secured the cash at a $127m valuation, with OATV returning for a round that was led by Andreessen Horowitz.

US-based, online campsite marketplace Hipcamp received $25m on Wednesday in a series B round featuring O’Reilly AlphaTech Ventures (OATV), the corporate venturing arm of media company O’Reilly Media.

The round was led by venture capital firm Andreessen Horowitz and its Cultural Leadership Fund, and included VC firms Benchmark, August Capital, Yes VC and Slow Ventures. It valued the company at $127m according to TechCrunch.

Founded in 2014, Hipcamp runs an online platform that lets customers find and book campsite spaces…