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November 3, 2011 10:59 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/qCBMvLAsTAQ/
With Growth Surging, Gogobot Raises $15 Million For Social Travel
Gogobot, a social travel site that launched less than a year ago, is on a tear. The company has racked up accolades including being named one of Time's top sites of 2011 and winner of the 2010 Crunchie award for Best Design. They're seeing very strong growth. And today, they're announcing that they've raised a very large Series B funding round of $15 million. The round is being led by Redpoint Ventures, with Battery Ventures and CrunchFund participating. Redpoint General Partner Satish Dharmaraj will be joining Gogobot's board. This brings Gogobot's total funding to $19 million, after a $4 million Series A in June 2010.Given how young Gogobot is there's a chance you haven't stumbled across it before. But there's also a solid chance that some of your friends have: Gogobot founder and CEO Travis Katz says that the site is now the biggest social travel service on the web, and that its userbase has grown 10x in the last six months. Two weeks ago the company launched a mobile app, which is now a top-10 travel app in 31 countries on the App Store. And it's the biggest travel-related app on Facebook. The company isn't sharing any specific user stats yet, but it sounds like things are going very well.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/qCBMvLAsTAQ/
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