Limos.com revealed Austin Ventures has enriched its coffers with a $10 million funding round, which Limos.com will use for a corporate travel solution, launching new mobile products and international expansion.
In tandem with the funding, Limos.com rolled out Limos.com for Business, a self-booking tool for corporate employees with functionality for travel managers.
“We estimate that companies overpay by at least 40% on car services when they don’t book with local suppliers,” says T.J. Clark, president and CEO of Limos.com.
Read the full story at:http://www.tnooz.com/2011/03/29/news/limos-com-to-use-10m-in-austin-ventures-funding-for-mobile-and-business-travel/