Home > Home > Travelmenu secures $1.6M to push position in Russia and Ukraine

Travelmenu secures $1.6M to push position in Russia and Ukraine

05/27/2011| 9:34:45 AM| 中文

Russia-based online travel agency startup Travelmenu has raised $1.6 million in funding from Almaz Capital Partners and Runa Capital, it’s first injection of external funds.

Russia-based online travel agency startup Travelmenu has raised $1.6 million in funding from Almaz Capital Partners and Runa Capital, it’s first injection of external funds.

Until now the company [TLabs Showcase - Travelmenu] has been funded solely by its founders Nina Pogossova, Katrin Buckenmaier, Mikhail Pogossov and Oleg Kopachevts, but its progress has now attracted the attention of the two venture capital firms.

The company says the investment will be used to ramp up its consumer marketing efforts and expand its sales infrastructure.

Read the full story at: http://www.tnooz.com/2011/05/25/news/travelmenu-secures-1-6m-to-push-position-in-russia-and-ukraine/

TAGS: Startup | Travelmenu
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