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QuickMobile closes $3.2 million funding round and is hiring
DigitalQuickMobile, which creates apps for meetings and events, picked up an additional $3.2 million in funding from existing investors BDC IT Venture Fund and Vancity. The Vancouver-based company, founded in 2006, intends to use the funding infusion to continue its international expansion and to add resources, including hiring an additional 20 people to bolster its [...]
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Amtrak begs government for multi-year funding on its 42nd birthday
TransportAmtrak marked 42 years of service on Wednesday with a plea for more money from Congress. CEO Joe Boardman said Amtrak remains a “vital part” of the nation’s transportation system, but can’t continue to fulfill its “national mission” without more money from Washington. “Amtrak has been underfunded and has too many conflicting missions with only [...]
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Uber CEO calls Reuters funding scoop “completely false”
TransportUber co-founder and CEO Travis Kalanick says the startup is not raising funding, as an exclusive Reuters story published earlier today states. In response to questions from Skift requesting more details on the startup’s round of funding, Kalanick responded: The Reuters story is completely false and the product of extremely poor reporting and journalistic ethic. [...]
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Rocketmiles raises $2 million to turn hotel stays into airline miles
DigitalRocketmiles, a Chicago-based startup that offers travelers airline miles for hotel bookings, announced it raised $2 million in its first round of external funding today. Atlas Venture led the round and was joined by Link Ventures, Peterson Ventures, and several angel investors in the travel and loyalty industry. TripIt co-founder Scott Hintz and Jetsetter co-founder Drew [...]
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Vacation rental marketing firm Evolve gets $2.7 million in funding
DigitalDenver-based Evolve Vacation Rental Network, which serves as an online marketer for professionally managed vacation rentals, picked up $2.7 million in funding in a Series A round, from undisclosed investors. Robert Mylod, a former CFO and head of worldwide strategy and planning for Priceline, led the round and joined the Evolve board of directors. Evolve provides online [...]
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Philly’s historic ocean liner desperately seeks donation to avoid scrap yard
TransportThe SS United States is sending out what may be its final distress call. The 990-foot-long ship could be sold for scrap within two months unless the grassroots preservation group that’s working to secure a home and purpose for it can raise $500,000 immediately, the group told The Associated Press. Talks are under way with [...]
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PassKit fills its mobile wallet with $1.2 million in funding
DigitalHong Kong-based mobile wallet startup PassKit that offers a B2B service for building Apple Passbook applications, has secured $1.2 million in first round of its funding. The 10-employee company, which launched in June 2012, didn’t disclose the investors involved in this Series A round. The company didn’t immediately respond to a request for comment about the investors. [...]
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Travelers can keep pinning as Pinterest raises $200 million
DigitalPinterest Inc., an online bulletin board where members share photos of clothing, food and art, raised $200 million in a financing round that values the company at $2.5 billion. The funding was led by Valiant Capital Management, San Francisco-based Pinterest said yesterday in an e-mailed statement. Existing investors Andreessen Horowitz, Bessemer Venture Partners and FirstMark [...]
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Parking startups ParkWhiz and SpotHero find their first rounds of funding in Chicago
TransportMonday we reported that Chicago parking startup SpotHero had raised $2.5 million in funding. That was big news for the ExcelerateLabs alumni that’s currently working out of 1871. Now, we’ve heard that another Chicago parking startup called ParkWhiz has raised $2 million dollars. ParkWhiz’ funding round was led by Hyde Park Venture Partners. ParkWhiz has [...]
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TripIt users to get hotel upgrade offers thanks to parent company’s new investment
DigitalA $9 million Concur investment in Nor1 means that business travelers using Concur’s TripIt apps will be getting hotel upgrade offers from properties, including Hilton, Hyatt, Carlson Rezidor, InterContinental and Kimpton Hotels. Concur makes a habit of investing in travel startups with its $150 million Concur Perfect Trip Fund, and this is Concur’s first investment [...]
