Articles tagged “funding”

Hotels

Expedia's eLong Creates $100 Million Fund for Mobile Tech

eLong is putting its money, specifically $100 million of it, precisely where the company believes its future is, in mobile hotel technology. This initiative has certain parallels with what Concur is doing in using its own, larger investment fund, to encourage the development of travel startups doing interesting things.
Airlines

Airline employee booking tool ID90T raises $3 million in new funding

Airline employees and their families have access to seats that aren’t shown on Kayak and Priceline, making ID90T a valuable source for a very specific type of travel search. It’s current customer base and funding indicates the platform will continue to penetrate the 22 million-strong market.
Online Travel

PassKit fills its mobile wallet with $1.2 million in funding

Apple's Passbook service has seen mixed pickup since June 2012 launch, but long term mobile becoming a omnibus wallet is where it is going. Passkit is heavily dependent on consumer adoption of Passbook and similar services.