Media - Monday, November 28, 2005
Where Are The Travel Startups?
We keep waiting for a rash of travel startups to emerge given how much cash there is to be made in the market. San Francisco counts a few VC-funded travel startups:
- Carlyle Venture Partners led a $6M venture round in Viator, moving the more mature company from Australia
- The blog TravelPost raised $1M in a seed round in July from Amicus Capital and Arba Seed Investment Group.
- Snapjot Raised $1.5M 3 years ago.
- White Plains, NY-based Wandrian recently raised some cash.
- RealTravel just raised $1M
- A handful of travel search companies like Kayak , SideStep, Qixo, and Mobissimo have raised funding.
But compare this activity to the number of companies doing work-groups, for example, and travel seems dead.
Read - Online Travel Takes-off (SF Biz Journal)
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Sorry for this
Posted by: alex at July 5, 2006 04:53 PM
Some companies don't need VC money. I believe Alcatraz Media is bigger than Viator, and Alcatraz Media was started with no money, has never received a dime of capital, and has no debt.
Posted by: Bill Windsor at November 20, 2008 12:21 AM
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