Digital

Travel-industry marketing startup Vizury closes $9 million round of funding

Excerpt from TheNextWeb

Oct 27, 2012 12:41 am

Skift Take

Nokia’s VC fund had been looking to invest in the advertising industry and found a good match in helping Vizury expand its online marketing tools to additional countries in Asia and South America.

— Samantha Shankman

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Nokia Growth Partners, the VC fund owned by the Finnish handset giant, has led a $9 million series B funding round for Vizury Interactive, a travel industry-focused online marketing startup headquartered in India.

The injection of fresh capital, which includes participation from existing investors Ojas Ventures and Inventus Capital Partners, comes as the four-year-old startup reports impressive grow of 450 percent over the past year. The company’s client list includes some big names in travel — Webjet, Virgin Airlines, Expedia, MakeMyTrip, Jet Airways, Cleartrip and more — that use its retargeting solution which tracks potential sales leads that visit their website, serving them with advertisements across sites on its online network.

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