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November 21, 2011 10:04 pm GMT
HouseTrip, the holiday lettings marketplace raised $2.7m from Index Ventures back in April and relaunched to appeal to a wider market than its holiday apartments rental space. HouseTrip built a reputation by removing the need for guests to negotiate with homeowners directly, thus building in a degree of security. Today it's completed a $17 million Series B funding round led by Balderton Capital. Index Ventures reinvested pro-rata. The funding will be used to develop the product, generate more inventory (through additional outreach to holiday apartment hosts) and reach (through marketing and localisation).
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/er4ZuBlMfN4/
HouseTrip Gets $17m Series B Led By Balderton Capital Look Out AirBnB
HouseTrip, the holiday lettings marketplace raised $2.7m from Index Ventures back in April and relaunched to appeal to a wider market than its holiday apartments rental space. HouseTrip built a reputation by removing the need for guests to negotiate with homeowners directly, thus building in a degree of security. Today it's completed a $17 million Series B funding round led by Balderton Capital. Index Ventures reinvested pro-rata. The funding will be used to develop the product, generate more inventory (through additional outreach to holiday apartment hosts) and reach (through marketing and localisation).Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/er4ZuBlMfN4/
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