More investment pouring into travel startups again with news that social booking site for hostels and couches, Inbed.me, has raised $1.2 million in a seed round of funding.
The site has captured the investment from a string of organisations around the world including Ventech (Paris), Quotidian Ventures (US) and CAP Ventures (Argentina).
Others joining the round include Fabrice Grinda (OLX, Zingy), Dave Lerner (Columbia Venture Labs, Venture Studio), Roeland Boonstoppel (Amber Ventures), Alec Oxenford (OLX, DeRemate), Javier Tenessa (eDreams, ODIGEO) and Justin Siegel (JSmart, JNJ Mobile).
Read full story at: http://www.tnooz.com/2012/03/15/news/inbed-me-raises-1-2m-to-push-social-integration-and-mobile-services/