Trip planner and content platform My Destination has secured a £1 million funding round, in a move it says values the company at £10 million.
An official confirms the latest round brings the total amount of investment in the company to date to £1.5 million, after securing £500,000 last year.
The funding on both occasions has come about by an unusual system compared to some of the VC/private equity funding associated with other online travel businesses.
Read full story at: http://www.tnooz.com/2011/11/04/news/my-destination-wins-1m-investment-round/
