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Venture capitalists still betting on travel tech
Venture capitalists are putting their support on travel tech startups that seek to enhance the travel experience of consumers even with the popularity of travel booking platforms, TechCrunch reported.
Singapore-based Drive.SG secures $790K in Series A round
Singapore-based online car rental website received $790,000 in its Series A funding round from Insas Berhad, an investment holding firm based in Malaysia, TechCrunch reported.
Console market faces contraction
The console market is apparently facing a substantial decline based on North American console sales from January 2007 and that of January 2014, TechCrunch reported.
Classified Ventures said to work with Moelis & Co for Cars.com website sale
Classified Ventures is now exploring a potential sale of Cars.com and is already working with Moelis & Co on the matter, a source interviewed by Bloomberg said.