About a week ago, we had heard that the travel startup Hipmunk was in the process of raising a new round of funding. Sure enough, an SEC document appeared, confirming the raise, and noting that they had�secured�$4.6 of a proposed $6 million round so far. When we reached out to Hipmunk, they confirmed the round, but declined to give more details. Well, now we have those details. Hipmunk has actually raised $4.2 million led by Ignition Partners. Also participating are Rich Barton (ex-CEO of Expedia), Erik Blachford (another ex-CEO of Expedia), Jim Hornthal (head of Preview Travel), Simon Breakwell (co-founder of TravelPost), and Rob Glaser (founder of Real Networks). As you can see, there's a lot of online travel experience in this group.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/7FQYxd4EzDM/
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