Zoombu business closes six-figure pound funding round

zoombu formula grabStartup metasearch site Zoombu has finalised a six-figure funding round courtesy of an Oxford, UK-based investment group.

The company won a competition run the Saïd Business School Venture Fund in May this year to share a funding pot to tune of £1 million alongside health startup Altitude Medical.

Zoombu says the investment, which is undisclosed in full but a six-figure sum, will be put to expanding the small team and quickening its product pipeline.

The fledgling site has attracted wide praise for its concept despite still remaining behind a private beta wall for almost one year.

Zoombu connects users between specific points and metasearches prices and time based on other forms of transport alongside traditional flight product such as taxi and public subways.

Fellow UK site Travelfusion is also gearing up to launch a point-to-point metasearch function into its widely used consumer and B2B engine.

Zoombu currently only serves locations and products in the UK and France. It has plans to broaden its European coverage in 2010 and perhaps North America later in the same year.

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  1. [...] for over a year – during which time it has still managed to win plenty of plaudits and a round of funding – Zoombu will unveil a slimmed down version of the main site next week to target the late-ski [...]

  2. [...] London, UK-based company has spent the best part of the last 18 months developing the system, securing funding and launching spin-off models – ZoombuSki – to test [...]

  3. [...] which had attracted a six-figure round of investment from the Said Business School in Oxford in late-2009, started to bring in some revenue but had not reached profitability, [...]

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