TripAdvisor acquisition roadshow continues – snaps up technology and team from CruiseWise
Three acquisitions in as many months for Tripadvisor – this time performing an acqui and tech-hire for CruiseWise, the online travel agency startup targeting fans of cruise trips.
As with its previous small deals in recent months, terms were not disclosed. A statement says the acquisition is for some members of the CruiseWise and technology associated with the product.
The deal will be used to bolster TripAdvisor’s CruiseCritic brand, a long-standing part of the company’s Independent Traveler division.
CruiseCritic, until now, has primarily focused on covering the cruise industry with a vast array of forums and news.
Whether the tools and people it has purchased as part of the deal will see CruiseCritic evolve so users can buy cruise products on the site remains to be seen (the statement says “non-transactional technology” will be integrated), but elsewhere TripAdvisor is gradually moving into the world of transactions.
The most high profile of its trio of recent acquisitions was for the Jetsetter deals service. This came just weeks after it snapped up the little known photo sharing service Tiny Post.
CruiseWise was founded (TLabs here) in May 2010 by CEO Amit Aharoni, CTO Nicolas Meunier, and COO Steve Davis.
It served as the pilot team for the StartUp Chile program, where the founders began initial product development.
In January of 2011 the company returned to its San Francisco based and raised a seed round of funding from Index Ventures, NEA, PROfounders, SV Angel and a collection of angels in the travel and consumer tech industries.
TripAdvisor CEO and co-founder Steve Kaufer says:
“The cruise industry continues to grow in popularity and we are delighted to be able to further strengthen our Cruise Critic business with this move.
“By integrating key elements of CruiseWise and the in-depth knowledge behind it, we will enhance our ability to help travelers find their perfect cruise at a price that suits them with seamless links to our booking partners.”
Kevin is senior editor and a co-founder at Tnooz. He was previously editor of UK-based magazine Travolution and web editor of Media Week UK from 2003 to 2005.
He has worked in regional newspapers (Essex Enquirer) and started his career at the Police Gazette at New Scotland Yard in London. He has a degree in criminology, a postgraduate diploma in magazine journalism and publishes his first book - a biography about Depeche Mode - in late-2016.