Tuesday, December 13, 2016

Traxo Raises $5.2M From TripAdvisor, Others

Dallas-based travel data aggregation software developer Traxo announced this morning that it has raised $5.2M in a Series B financing round, which was led by TripAdvisor. The funding also included Thayer Ventures, Advantage Capital Partners, and Silver Creek Ventures, plus Aristos Ventures. The company has now raised $9.4M in total. As part of the funding, TripAdvisor will add a representative to the Traxo's board of directors. The company said the new funding goes towards both technology and sales and marketing. Traxo is led by Andres Fabris. More information »