Venture Capital News

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Media and PR

Travora sold its travel ad network for $4.4 million

Despite challenges as the advertising industry changed, the Travora advertising network had a decent business going on for awhile, but wild spending and awful strategic decisions led to the dismal outcome.

Dennis Schaal | 12 years ago

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.

Dennis Schaal | 12 years ago

Hotels

American Express takes stake in luxury vacation club Inspirato

Inspirato's rebranding and partnership with American Express puts it on the map. The companies still have to prove; however, that there is a large enough market for Inspirato's luxury services.

Dennis Schaal | 12 years ago

Hotels

Roomer secures $2 million in funding for hotel reservations marketplace

We'd love to be wrong, but Roomer will face stiff challenges scaling this business and convincing buyers that they have nothing to fear in purchasing hotel reservations from other travelers.

Dennis Schaal | 12 years ago

Airlines

GoEuro attracts $4 million in funding for transportation search engine

This could be a very valuable service for any company that can really accomplish its goals. With ground transportation, in particular, being so fragmented, $4 million can lay the groundwork, but GoEuro will have to be in it for the long haul.

12 years ago

Online Travel

LivingSocial raises $110 million and it's a downer for daily deals

From Groupon to Travelzoo and LivingSocial, the bloom is long off the rose in the daily deals space for travel and beyond. Amazon, which is an investor in LivingSocial, reports that LivingSocial recorded a $905 million operating loss in 2012.

Douglas MacMillan | 12 years ago

Online Travel

Travelers can keep pinning as Pinterest raises $200 million

Pinterest is now valued at $2.5 billion, but it seems like its buzz factor in travel has toned down over the last year or so.

Ari Levy | 12 years ago

Airlines

Travora Media sells remaining assets: Ad network to live, content biz to close

Travora management ran the company into the ground, and its consumer sites languished and will die.

Dennis Schaal | 12 years ago

Hotels

French daredevil "Spider-Man" climbs facade of aged Havana hotel

12 years ago

Hotels

Pet-sitting startup Rover raises $7 million and launches video service

There are several sites taking pet sitting into the sharing economy, but Rover is quickly become the mark which others compare themselves to as it receives its second round of funding.

12 years ago