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Whilst countless others have disappeared (mostly quietly) into the muddy puddles of failed startups, India-based TripHobo has continued to raise money from both new and existing investors. The $3 million announced this week is being led by new backer Mayfield and Kalaari Capital. Kalaari was part of the group which invested a Series A round in TripHobo in June last year (understood to be in the region of $1 million to $3.5 million). TripHobo currently houses over 70,000 user-created itineraries and content for nearly 400 popular tourist destinations around the world. The company says it will use the latest round to invest in research and development, increase its head-count and add to its existing content and technology platforms. |
