Travel marketplace Busbud pulls in $14 mln Series B
Montréal-based Busbud, an online marketplace that enables global travellers to shop for and book intercity bus tickets on more than 1.4 million bus routes worldwide, has raised about $14 million (US$11 million) in Series B funding. The lead investor was iNovia Capital with Teralys Capital, Claridge, Plaza Ventures, Erik Blachford, former CEO of Expedia, and Philippe Vimard, current CTO of Doctolib, also participating. In addition to the funding, Blachford, Vimard and Magaly Charbonneau, an iNovia principal, will join Busbud's board. According to Busbud, the capital infusion will be used for technology development, personnel hiring, and geographic expansion.
30 January 2018•4 mins read
