First Free Story (1 of 3)Join Skift Pro
Earlier this week we noted that mobile-only hotel booking brand HotelTonight raised $37 million in a funding round. Venture capital firm Accel Partners led the Series E round, which places a $463 million valuation on the San Francisco-based startup.
We also noted that Marriott has made an undisclosed equity investment in a tours-and-activities metasearch platform, PlacePass.
The Cambridge, Mass.-based startup has a database of activities in 800 locations worldwide, and Marriott plans to promote these listings to the 100 million members of its various loyalty programs. In one example, a traveler who’s taken advantage of Marriott Rewards’ sports partnerships could be offered the chance get an inside look at the Los Angeles Lakers locker room with a professional basketball scout through PlacePass.
>>Boom Technology, a company based in suburban Denver, Colo., said it had raised a $33 million Series A round. The investment is enough for the company to create its first supersonic jet test craft, the XB-1. The company’s goal is to build the aircraft for sale made out of carbon fiber composites, modern aerodynamic designs, and turbofan engines. This design may be profitable enough to fly by charging business-class fares instead of the first-class prices charged by the Concorde, the first supersonic commercial jet, which used older technology. Boom will test a plan designed to seat up to 50 passengers and able to fly on long overwater routes.
>>Ixigo, a Gurgaon, India-based, travel search company, has closed its $15 million Series B round, which is a mix of equity and convertible debt, led by venture capital firm Sequoia Capital. Chinese venture firm Fosun Kinzon Capital also participated. Ixigo has already raised $18 million from investors like SAIF Partners and MakeMyTrip.
Founded in 2007, the company hit its stride in the past couple of years by becoming a multi-modal marketplace for hotels, activities, air fares, cabs, and train tickets — including a rail booking app, which has been downloaded nine million times. It says nearly 80% of its users and 68% of its transactions originate on smartphones. The startup claims it now has 9 million monthly users.
>>Eventerprise is a Cape Town-based marketplace that plays matchmaker between any individual or company that provides a service, product, or venue that is events-related on the one side and any individual or company who needs to host an event on the other side.
The company, which claims to have more than 14,000 listings for event service providers, event managers, and venues that can be used by corporate or private clients who want to host an event, has received a seed round of $400,000 of further early-stage investment. That brings its funding raised to date to $1.4 million.
Eventerprise does not see companies like Social Tables or even Cvent as competition, but rather as complimentary to its platform, which uses a freemium model. It is present in South Africa and has just launched in the U.K. and U.A.E.
You can check out all our previous startup funding roundups, here.