Connecticut startup Kayak has raised $223 million in venture capital and employs 58 people to build and grow its travel search site. Its chief competitor, San Francisco based Mobissimo, has raised $1 million and has just 15 employees. Mobissimo also became profitable last year, and the company doesn’t have to raise more money unless it’s to fuel faster growth or acquisitions. It’s also clear even from a cursory comparison of the two sites that Mobissimo is trying harder than Kayak to help you find exactly the flight and hotel you are looking for. Kayak is largely similar to other travel search sites - enter where you want to go and get back results from a number of providers, sort by price, etc...Mobissimo Has Raised 1/223 The Capital Of Kayak (And Out Executes Them)
May 24, 2008
NEWS: Mobissimo Has Raised 1/223 The Capital Of Kayak (And Out Executes Them)
Ed: Classic entrepreneurial execution. Hurray for Long Tail do-ers.
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