Switchfly has raised $2.8 million, adding to the $15 million it raised this spring and completing its Series C financing.
A new investor participated in this portion of the round: Thayer Ventures, a San Francisco venture capital firm that was formerly Quest Hospitality Ventures. The Switchfly deal is part of Thayer Ventures’ strategy to invest in companies disrupting traditional hospitality sector models — with more to come in 2013.
All existing investors (Azure, Canaan, and StarVest) participated, too, in this closing of the Series C round, which Tnooz covered when it launched.
Read full story at: http://www.tnooz.com/2012/10/11/news/switchfly-adds-2-8-million-in-funding-helping-it-facebookize-travel-loyalty-rewards/
