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.
startup funding
buuteeq Gets Another $10 Mil to Make “Right Idea”
Online marketing startup buuteeq, which we covered briefly some time back, has just announced having raised another $10 million in funding. The funding round, led by Madrona Venture Group and by Concur, brings buuteeq’s total capital raised to some $17 million thus far. Along with this news, the startup also announced the addition of Concur CEO, Steve Singh and Madrona Partner, and Tim Porter to the company’s board of directors.
HouseTrip – A Startup Taking Aim At Travel Alternatives
TechCrunch reported on a fascinating startup in April, a new take on vacation rentals called HouseTrip. The news back then was about the Swiss startup’s $2.7 million in funding from Index Ventures, but today it looks as if the company is spending the money wisely. Let’s take a look under the hood of what my old friend Steve O’Hear called; “another play in the holiday apartments space.”
ChaCha Dances Another Round Around Search
Indianapolis based, real time search service ChaCha has just closed another round of funding. According to the press, the human powered search engine startup gained another $3 million from investors to further expand their mobile product. ChaCha has so far raised a total of $75 in funding since its launch in 2005.