SideStep today announced that it raised $15 million in its Series C round, led by Norwest Venture Partners. Other VCs involved include Trident Capital, Leader Ventures and Saints Capital. To date, SideStep has raised aproximately $32 million. Competitor Kayak has raised $30 million.
Norwest is an investor in Turn (the new CPA ad network), which is led by Jim Barnett. Jim Barnett sits on the board of SideStep. Small world. Also, Norwest is an investor in Yatra, an India based travel search engine, so they know something about the space.
So what does the profitable travel search company [...]
Related Topics: Business Issues: Acquisitions & Investments | Channel: Industry | Search Engines: Travel Search Engines