Limos.com revealed Austin Ventures has enriched its coffers with a $10 million funding round, which Limos.com will use for a corporate travel solution, launching new mobile products and international expansion.
Limos.com to use $10M in Austin Ventures funding for mobile and business travel
March 29, 2011 By 1 Comment
Vacation rentals — LeisureLink closes on $9M in funding
November 10, 2010 By 1 Comment
Record another endorsement of the vacation rental market — LeisureLink closed on a $9 million venture capital funding round.
OffandAway doubles funding with $2M round
October 20, 2010 By 1 Comment
Off & Away has some additional money in the kitty to expand its product lineup.
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Travel Ad Network gets $15M in funding
October 20, 2010 By 4 Comments
Travel Ad Network picked up $15 million in funding in a Series C round led by Starvest Partners.
Masabi raises $2M to take mobile rail ticket system global
September 29, 2010 By 1 Comment
Masabi, a UK-based developer of mobile ticketing technology for the rail industry, has raised $2 million dollars from mobile venture fund M8 Capital.
Travel ad firm Sojern raises $9M in new funding
September 2, 2010 By 1 Comment
Sojern, an advertising platform for airlines and other travel companies, secured $9 million in new funding in a round led by Focus Ventures, Trident Capital and Norwest Venture Partners.
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JackRabbit Systems raises $1.3 million for hotel search engine
June 9, 2010 By 2 Comments
JackRabbit Systems disclosed last month that it raised $1.3 million.
Private jet service just edged-out by Twitter in 2009 largest VC investments
January 26, 2010 By 2 Comments
While the travel industry has been weighed down by discounting and deal-hunting, the largest venture capital investment in travel in the U.S. last year went to XOJET, a private-jet service, according to a new report.
Documenting the top 10 venture capital investments in the U.S. in 2009, a PriceWaterhouseCoopers and National Venture Capital Association report identifies XOJet as tied for the fifth largest venture-capital recipient in 2009 at $100 million — and the only travel company in the top 10.
Twitter was the fourth largest VC investment of 2009, edging out the investment in XOJET by $200 [i.e. two hundred dollars] at $100,000,200. The top VC investment — some $286 million — went to solar energy equipment manufacturer Solyndra.
