London, UK-based hotel metasearch Top10.com raised $8 million in a Series B financing round led by Balderton Capital to fuel its expansion into Europe and its plans to beef up its workforce.
Travel
United to roll out in-flight entertainment for iOS devices in April
Starting April, United Airlines will roll out a free in-flight entertainment service for iOS devices and laptops that has more than 150 movies and 200 TV shows that passengers can stream.
Global Founders Capital provides seed funding round for travel app developer Ulmon
Ulmon, the travel app developer based in Vienna, has secured its first round of funding said to be less than $5 million from Global Founders Capital, TechCrunch reported.
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.
Boxever secures $6M in round Polaris Partners
Irish startup Boxever which provides an airline-focused personalization platform raised $6 million in a round led by Polaris Partners and joined in by Frontline Ventures, TechCrunch reported.
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Chicago, Illinois-based travel booking site Orbitz Worldwide snapped up Southlake, Texas-based private-label travel solutions firm Travelocity Partner Network, the affiliate network of Travelocity, for an undisclosed amount.
Cupertino, US-based smartphone giant Apple considered purchasing Palo Alto, California-based electric car manufacturer Tesla, according to a San Francisco Chronicle report citing an unnamed source.
Glasgow, Scotland-based travel agency and property developer Minoan Group PLC bought back a 20% holding in its travel and leisure business for £930,000, which it previously sold to an outside investor for £770,000.
Chicago, US-based aircraft maker Boeing is seeking approval from the Federal Aviation Administration (FAA) to use biodiesel in jet fuel for commercial flights around the world.
Sydney, Australia-based online travel booking service Rezdy pocketed $1 million in a recent funding round from both new and existing investors to establish a new office in San Francisco, US.
The Number 1 travel search engine in Russia, Aviasales, has obtained a $10 million investment from iTech Capital who will take a minority stake in the company which operates under the JetRadar brand internationally, TechCrunch reported.
New York, US-based travel management firm Rocketrip bagged $2.6 million in a Series A funding round led by Canaan Partners to accelerate its product development and to beef up its sales and customer services.
British helicopter airline Bristow Helicopters picked up a 60% stake in UK-based airline Eastern Airways International Ltd, with the two firms to continue operating as entities independent from each other, as part of the strategic investment deal.
India-based travel booking website MakeMyTrip bought Amsterdam, Netherlands-based hotel booking portal EasyToBook in a deal valued at around $5 million to increase its revenue through online hotel bookings.
