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.

Tags: bus