UpTake Receives $10,000,000 Series B Funding Round

  • Feed Type
  • Date
    9/17/2008
  • Company Name
    UpTake
  • Mailing Address
    654 High Street Palo Alto, CA 94301
  • Company Description
    Our mission is to help you make the best possible travel decisions based on your unique preferences. We are your first step when you are searching for where to go on your family vacation, a campsite and off-leash beaches for your pet-friendly trip, or lodging for your romantic getaway in Boston. We are not a booking site, we’re a resource that brings all your choices to ONE place, filters them based on your preferences, and helps you make a faster, better decision based on more than 20M opinions from 1,000+ web sites.
  • Website
    http://www.uptake.com/
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $10,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    UpTake will use the new funding to achieve three main objectives for the company and its product. First, it will expand search beyond UpTake Hotels into new categories including: UpTake Lodging, UpTake Things to Do, UpTake Restaurants and UpTake Beaches. Second, UpTake will invest in its search technology to improve travel recommendations based on its analysis and filtering of collective intelligence. Lastly, it will pursue opportunities to grow the company through acquisitions.
  • M&A Terms
  • Venture Investor
    Trinity Ventures
  • Venture Investor
    Shasta Ventures

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