Quantcast
Digital

Busbud raises $1 million in funding for expansion

Excerpt from TechCrunch

May 29, 2013 9:18 am

Skift Take

BusBud intends to use the funding to expand its number of employees, and its breadth of bus-schedule coverage. “Your worldwide bus travel companion” can now get a bit more global.

— Dennis Schaal

Free Report: The Megatrends Defining Travel in 2015

Come Attend the Best Conference in Travel

Canadian startup Busbud, which bills itself as the “Kayak for intercity bus travel,” today announced that it has raised a first $1 million funding round led by iNovia Capital and Real Ventures.

Peter Kern, an Expedia board member and managing partner of private equity firm InterMedia Partners, as well as Luxury Retreats CEO Joe Poulin also participated in this round. iNovia Capital’s David Nault and Real Venture’s JS Cournoyer will join Busbud’s board.

Read the Complete Story →

Tags:

Next Up

More on Skift

8 Digital Trends We’re Tracking at Skift This Week
8 Charts That Show the State of Mobile Video Around the World
Best Travel Ads This Week: A Day in the Life of Employees at Google, Fairmont and More
How Hotels and Airports Cater to the 21st Century Business Traveler