Flight search and pricing platform Vayant has appointed ex-Fly.com boss Brian Clark as its new CEO at the same time as announcing a new funding round.
The run of news is bolstered by an agreement signed with travel software house Hitchhiker to develop a new online airfare shopping system.
Vayant is not disclosing terms of the funding round, except to say it is “substantial” and comes from its existing and principle investor Neveq LP and Cape Capital.
Read the full story at: http://www.tnooz.com/2011/03/09/news/vayant-wins-funding-round-appoints-new-ceo/