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General Catalyst: Still looking for big ideas in travel

12/06/2011| 9:35:23 AM| 中文

General Catalyst Partners is reportedly raising a boatload of money to continue its investments in technology companies, and online travel remains a keen focus.

General Catalyst Partners is reportedly raising a boatload of money to continue its investments in technology companies, and online travel remains a keen focus.

Bloomberg reports that General Catalyst is building a $650 million kitty to invest in technology companies and some $450 million of that bundle would focus on “consumer Internet, social media and technology businesses” for its General Catalyst Group VI LP Fund.

Among its numerous investments, General Catalyst was a key player, along with Battery Ventures, in ITA Software’s $105 million funding round in early 2006, and Joel Cutler, co-founder and a managing director of General Catalyst, has been a Kayak board member since 2004.

Read full story at: http://www.tnooz.com/2011/12/02/tlabs/general-catalyst-still-looking-for-big-ideas-in-travel/

TAGS: General Catalyst | online travel
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