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ACQUISITION
FDN Database Reference: F231109-371
According to Tnooz, NewTravelco has acquired Kayak’s TravelPost from Kayak. Kayak also becomes an investor in NewTravelco.
Kayak acquired TravelPost when they bought SideStep in late 2007. NewTravelco raised $9.8 million in a funding round earlier this month.
Aprox. Value: Undisclosed
Acquirer: NewTravelco
ACQ Web: http://www.newtravelco.com
Other Web Links: Blog
Location: USA, Seattle, WA
Region: North America
Description: Travel start-up
Category: Travel
Contact 1: Greg Slyngstad, President
Contact 2: Sunil Shah, CTO
Contact 3: Rich Barton, Chairman
Vendor: Kayak
Vendor Web: http://www/kayak.com
Business Sold: TravelPost
Other Web Links: http://www.travelpost.com
Location: USA, Concord, MA
Region: North America
Description: TravelPost is a hotel information site. KAYAK is a travel search site.
Category: Travel
Contact 1: Steve Hafner, CEO, Kayak
Contact 2: Paul English, CTO, Kayak
Link: Tnooz report
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