Travel search engine Kayak.com has completed its $11.5 million Series C financing round led by Accel Partners, a technol

Travel search engine Kayak.com has completed its $11.5 million Series C financing round led by Accel Partners, a technology-focused private equity firm.

Published: 22 May 2006

Travel search engine Kayak.com has completed its $11.5 million Series C financing round led by Accel Partners, a technology-focused private equity firm.

Kayak.com will use this investment to fund extensive offline and online marketing campaigns launching this June and for European expansion scheduled for the fall.

Paul English, CTO and co-founder, Kayak.com said the company is eager to reshape the European online travel market in the same way it has improved how Americans search and book travel.

“We are delighted to add two stellar London-based Accel executives to our team. Already our product plans have seen the benefit of their expertise in mobile applications and community/social networking, and their on-the-ground leadership and relationships in European markets will be essential to Kayak.com’s global growth,” said English.

Kayak.com shared that Accel’s Harry Nelis joins the Kayak.com board of directors and Judy Gibbons, formally corporate vice president in Microsoft MSN’s division, joins as advisor.

Accel Partners joins existing investors General Catalyst Partners, Sequoia Capital and America Online. Kayak.com has raised a total of $30 million since the company launched in January 2004.

Related Reads

comments powered by Disqus