News Kayak founder Paul English has just raised $15 million in funding for his Lola Travel Co. is a shot in the arm for a travel tech industry stagnant since months. According to the news, Lola received a fresh infusion of capital from Charles River Ventures, General Catalyst and Accel.. Here’s a brief snapshot of a new company that says it’s going to provide on-demand, personal service to the world of travelers.
The need for Russia to enter the digital age where online travel visibility is concerned may have just been met. In news from Moscow, entrepreneurs there have just raised another round of $13.6 million for Ostrovok, Russia’s answer to Expedia. The new travel portal may have Russian travel sewn up, but what about travel TO Russia?