Busbud nabs $11 mln Series B
Montreal, Québec-based Busbud, an online marketplace that enables global travelers to shop for and book intercity bus tickets on over 1.4 million bus routes worldwide, has raised $11 million in Series B funding. The lead investor was iNovia Capital with Teralys, Claridge, Plaza Ventures, Erik Blachford, former CEO of Expedia and Philippe Vimard, current chief technology officer of Doctolib, also participating in the round. In addition to the funding, Blachford, Vimard and Magaly Charbonneau, a principal at iNovia, will join Busbud's board of directors. According to Busbud, the capital infusion will be used for technology development, personnel hiring and geographic expansion.
30 January 2018•4 mins read
