Russian venture capital firm Aurora has invested an undisclosed amount to acquire a stake in travel social network xLander.
A statement on the xLander website says Aurora has taken a 25% stake in the social network for travellers, which has 300,000 predominantly Russian users.
The statement adds that funds will be used to further develop the service for users as well as travel and tourism companies.
According to a local report the investment is worth between US$1.2 and $1.8 million.
Moscow-based xLander was founded in 2009 to help travellers plan trips and share travel experiences.
NB: Hat-tip to Quintura blog