More developments at Russian hotel booking service Ostrovok after wooing a former-Expedia CEO, and the founders of TripIt and Altimeter Capital as new investors.
Erik Blachford, the second CEO of Expedia joins Gregg Brockway, founder of Hotwire and Tripit, and Brad Gerstner, founder of Altimeter Capital and Room 77 in the latest investment round.
The value of the round is not being disclosed, but is understood to be significantly less than the $13.6 million Ostrovok raised in July 2011.