Active Network Buying ReserveAmerica from IAC

The Active Network, a San Diego-based online community and application technology provider for the active lifestyle/sports market, has agreed to acquire campground reservation provider ReserveAmerica from IAC (Nasdaq: IACI). No financial terms were disclosed. Active Network has raised over $275 million in VC funding, from groups like ABS Ventures, Austin Ventures, Canaan Partners, Charles River Ventures, Dominion Ventures, ESPN, Kettle Partners, Enterprise Partners VC, North Bridge Venture Partners and Ticketmaster

23 January 2009•3 mins read
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