CEO Interview: GetYourGuide Funding Was Protection Against Bigger Players
Skift Take
With GetYourGuide's latest funding, making it the most heavily funded startup in the annals of tours and activities, a potential acquisition price just got racheted up. With TripAdvisor's acquisition of Viator, the market indeed is a "land grab" now for global expansion.
GetYourGuide announced a $25 million Series B funding round today, but co-founder and CEO Johannes Reck tells Skift that he actually signed the deal last week on the day that TripAdvisor revealed it was acquiring rival Viator for $200 million in cash.
Insiders in the tours and activities sector knew that Viator, founded in 1995 and with around $20 million in funding, has been trying to sell itself for some time.
Reck of GetYourGuide says the company's Series B funding round, which brings its total funding to $45.5 million,
