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August 8, 2013 02:33 am GMT

Brazilian Vacation Bookings Goliath HotelUrbano Gets $20M Third Round Led By IVP

HU Rio retailHotelUrbano offers hotel bookings and vacation packages in 35,000 destinations to a Brazilian user base of over 15 million registered users and 7.8 million fans on Facebook. The Rio-based startup closed 1.6 million travel bookings last year, generating over $120 million in revenue, and expects to double their revenue in 2013.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/JgqLqOs9Kcw/

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