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Wanderu Raises $2.45 Million in Funding On Road to Become Kayak of Bus Search

Excerpt from xconomy

Aug 12, 2013 7:45 am

Skift Take

Wanderu has very lofty ambitions for its ground-transportation search. It faces lots of competition and a tremendously difficult tech problem to resolve, given the fragmentation of ground transportation, but to the eventual winner goes the spoils.

— Dennis Schaal

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Wanderu is coming out of beta today and opening its bus-and-train-search site to the public. The company, which has grown to 15 people, is also announcing a $2.45 million seed funding round led by Alta Ventures. Other investors include Jeff Clarke (chairman of Orbitz), Craig Lentzsch (former CEO of Greyhound.com), Drummond Road Capital, and Boston-area angel Semyon Dukach.

We last wrote about Wanderu back in early March. The company went on to win a major award at South by Southwest Interactive and has continued its expansion in the U.S., now with some 20,000 people signed up to use its search site.

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