A venture capital firm and a bank hope they put some smart money into Smart Destinations.
Smart Destinations, which provides prepaid attaction passes in 14 North American destinations, says it picked up $3 million in debt financing in a round led by MMV Financial, a venture capital firm based in Toronto.
Square 1 Bank, an existing backer, provided $1 million of the debt financing, Smart Destinations says.
Smart Destinations co-founder and CEO Kevin McLaughlin, who calls in-destination trip-planning “almost virgin territory,” says the funding will help the company in its expansion efforts.
Smart Destinations had $10 million in previous funding, according to CrunchBase.
Related posts:
- Airline-Wi-Fi provider books $176 million in new financing
- Can travel be smart about Smart Computing?
- NileGuide iPhone app features multisource content, many destinations
- Private jet service just edged-out by Twitter in 2009 largest VC investments
- Barton, Blachford, Pittman, Shank, Fliess kick in several million dollars for Room 77 startup
[...] This post was mentioned on Twitter by Social Mapping, Turisdata. Turisdata said: Smart Destinations attracts $3M in financing: A venture capital firm and a bank hope they put some smart money into… http://dlvr.it/1mJ8L [...]