Gogobot, a Menlo Park, CA-based mobile platform for experience discovery, secured $20m in Series C financing.
The round was led by HomeAway (Nasdaq: AWAY), with participation from existing investors Redpoint Ventures and Battery Ventures. In conjunction with the funding, HomeAway CEO Brian Sharples will join Gogobot’s board of directors.
The company intends to use the funds to continue investing in growth in its core business, as well as expand internationally.
Founded in 2010 by Travis Katz and Ori Zaltzman, Gogobot allows people to discover places to stay, eat or play, by tapping into networks of like-minded people, whether friends or members of Gogobot travel communities known as Tribes. More than 16 million people used the service in the last year to find trusted advice on where to go and what to do in more than 60,000 destinations worldwide.
The company and HomeAway also announced a business partnership that would include the integration of Gogobot’s content into HomeAway’s mobile application, the launch of Gogobot services across HomeAway’s international sites as part of its international expansion, and collaboration on advertising sales.
FinSMEs
13/11/2014