Better late than never with this news which is a week or so old but worth reporting on because it speaks to a trend. That is, travel meta-search is hot property. So, the story: Room 77, an accommodation meta-search site, has raised US$30m from investors including Expedia, which recently US$630m for a majority stake in European hotel metasearch company Trivago.
TechCrunch reports that “existing investors in the company including Sutter Hill Ventures General Catalyst Partners, Felicis Ventures, Concur Technologies, Expedia’s founder Rich Barton, former Expedia CEO Erik Blachford, and Hotwire co-founder and current Zillow CEO Spencer Rascoff all chipped in as well.”
The US site will use the money to fund global expansion.
Room 77 was launched in February 2011 and had previously raised some US$14m. People who count obviously like its story.
It continues a flurry of deals in the space including Trivago/Expedia and Priceline buying Kayak.