Home > Online > SAP-backed Concur acquires Hipmunk, in exit for the metasearch UX pioneer

SAP-backed Concur acquires Hipmunk, in exit for the metasearch UX pioneer

09/14/2016| 11:29:06 AM| 中文

Concur, the travel-and-expense software company, has acquired Hipmunk, the travel metasearch brand.

Concur, the travel-and-expense software company, has acquired Hipmunk, the travel metasearch brand that was one of the early companies to graduate from the now-famous Y Combinatoraccelerator.

The terms of the transaction were not revealed. The San Francisco-based startup had raised nearly$55 million in investment since its launch a half-dozen years ago. Its most recent round was nearly $6 million this past spring.

Hipmunk’s brand name will remain, and it will continue on as a standalone brand for consumers.

The startup arrived with a stated goal of disrupting the flight search sector. As Tnooz has previously reported, the founders said that they would take on the likes of pre-Priceline Group brand Kayak.

Read original article

TAGS: Hipmunk | Concur | business travel | investment
©2016 广州力矩资讯科技有限公司 粤ICP备06070077号-2
Tell us more about yourself!