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November 19, 2007
Scottish Equity Partners Invests in Skyscanner
SEP wrote in to say that it is backing the founders of Skyscanner to create a flight search engine that has the ambition of covering every commercial flight in the world. The deal size is £2.5M.
We met one of the founders of Skycanner on the Scottish Tech Tour, rather fittingly in the hanger of a museum that houses one of the Concorde's last year, and thought back then that it sounded like some pretty good algorithm work being done.
No doubt It would have to be some pretty strong IP for the team to be able to get SEP to make an investment in an Internet-oriented startup.
The flight databse is up to more than 180 airlines now and about 5,000 destinations. Skyscanner is headquartered in Edinburgh, Scotland and also has an IT engineering base in Poland.
View Skyscanner
Posted on November 19, 2007 12:18 PM | Posted to News And Updates | Permalink
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