European travel content and trip planning site Joobili has won another round of funding from a group of existing investors and one of the continent’s largest music festivals.
The value of the angel round was not disclosed but is understood to be a six-figure Euro sum and involves Joobili’s mentor and original seed investor Esther Dyson.
Other members of the investor group alongside Dyson include online media executive Zoltan Kovacs and organisers of the Sziget Festival in Hungary.
Joobili CEO Jared Salter says the investment compliments its first seed round from Dyson and will help the company work toward a Series A round down the line.
The latest injection will be used to “launch a host of new features and boost engagement”, Salter says.
Joobili has attracted plenty of attention of the wider tech startup circuit in Europe over the past 12 months, including being ranked highly during Seedcamp Week 2009 in London.
Much of the site’s traction so far has come from the events and festivals area of destination content, boosted in part by securing partnerships with a string of tourism boards and DMOs eager to promote related products.
The company has also carried out contract work for DMOs looking to develop a social media strategy, including work for Athens which coincided with the economic unrest and riots in the Greek capital.
Congratulations, Joobili.
Congrats Jared!