Desti Receives $1,000,000 Seed Financing
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f53f1b97-057f-4c00-8a0a-40ceafae63f4&Preview=1 - Date
1/16/2013 - Company Name
Desti - Mailing Address
333 Ravenswood Ave Menlo Park, CA 94025 - Company Description
Desti is changing the way people search and plan their travel. Instead of sifting thru hundreds of search results and reading countless travel reviews, Desti can find precisely the right places to stay and things to do based on your needs. We harken back to the days of travel agents, where consumers could ask tough travel questions like ” What are the best hotels near the beach that are kid-friendly?”. We are working on game changing technology that leverages natural language search technology and artificial intelligence to let users find precisely what they are looking for based on multiple criteria, not just price or travel dates. Our mission is to make travel planning as fun and painless as possible. - Website
http://www.desti.com - Transaction Type
Venture Equity - Transaction Amount
$1,000,000 - Transaction Round
Seed - Proceeds Purposes
Desti Inc. has received an additional $1 million from its seed investors to expand its iPad travel-guide app across the West Coast. - M&A Terms
- Venture Investor
Carmel Ventures - Venture Investor
Horizons Ventures - Venture Investor
SRI International
