EUROPE - Balderton Capital invests in TvTrip.com
Balderton Capital has invested EUR 3.5m in TVtrip.com alongside Partech International. Balderton Capital was formerly known as Benchmark Capital Europe.
TVtrip.com was founded in 2007 and is the first website to enable hotel searches using professionally-made online videos. One month after its launch, TVtrip.com already covers 10 major European cities including London, Paris, Madrid, Rome and Berlin. TVtrip.com will use the proceeds of the funding round to accelerate its international expansion program, adding key European cities to its portfolio such as Lisbon, Prague and Venice to its portfolio. By the end of 2007, TVtrip.com will cover over 1,500 hotels in Europe’s 50 key destinations
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