Travel Recommender NileGuide Raises $8 Million Second Round
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Travel reviews aggregator NileGuide has secured an $8 million second round, the company tells us. Austin Ventures led the round, with additional backing from Lehman Brothers Venture Partners and existing investors Draper Richards and KPG Ventures. This brings NileGuide’s total funding to over $9.5 million.
Two-year-old, San Francisco-based NileGuide is positioning itself as a one-stop travel recommendation site. Still in beta, it’s working on combining “hand-picked” local experts in 75 locales along with info from Expedia, OpenTable, and TripAdvisor, among others. Josh Steinitz, CEO and co-founder of NileGuide, helped create another travel site, Away.com, which was sold to Orbitz.
@davidaKaplan
Jun 5, 2008 8:00 AM ET
Posted In: Money, M&A & Venture Capital, Venture Capital, Social Media, draper richards, kpg ventures, lehman brothers venture partners, nileguide
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