Momondo Raises $8.3 Million for More Online Travel Acquisitions


Skift Take

Seems like a small amount of buying anything substantial, if you see startup valuations these days. It may need a lot more if it wants to make a difference against tough competition.
The Momondo Group, which includes the Momondo and Cheapflights brands, is in an acquisitive mood. Momondo Group has secured an $8.3 million (actually GBP 5 million) revolving credit facility from Barclays to fund Momondo Group's "global expansion and enable the busin