Tech Company Financing Transactions

Farecast Funding Round

On 2/2/2007, Farecast raised $12.1 million in Series C funding from Sutter Hill Ventures, Madrona Venture Group and Par Capital Management.

Transaction Overview

Company Name
Farecast
Announced On
2/2/2007
Transaction Type
Venture Equity
Amount
$12,100,000
Round
Series C
Investors

Sutter Hill Ventures (Lead Investor) (James White)

Madrona Venture Group (Mat McIlwain)

Par Capital Management (Brad Gerstner)

Pinnacle Ventures

Proceeds Purpose
The Series C funding will be used to hire additional technology and product development resources to continue to innovate and evolve Farecast's unique prediction technology and to develop additional products and services that will empower consumers to make more informed travel decisions.

Company Information

Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
200 West Thomas Street 300
Seattle, WA 98119
USA
Phone
(206) 218-1166
Website
www.farecast.com
Email Address
[email protected]
Overview
Farecast.com is the first airfare prediction website. We help online travel shoppers save money by answering the question; should you buy now or wait? In our beta version, we now offer airfare predictions from over 55 U.S. departure cities to top domestic destinations.
Profile
Farecast LinkedIn Company Profile
Social Media
Farecast Company Twitter Account
Company News
Farecast News
Facebook
Farecast on Facebook
YouTube
Farecast on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Hugh Crean
  Hugh Crean LinkedIn Profile  Hugh Crean Twitter Account  Hugh Crean News  Hugh Crean on Facebook
VP - Administration
Andy Farsje
  Andy Farsje LinkedIn Profile  Andy Farsje Twitter Account  Andy Farsje News  Andy Farsje on Facebook
VP - Bus. Development
Krista Pappas
  Krista Pappas LinkedIn Profile  Krista Pappas Twitter Account  Krista Pappas News  Krista Pappas on Facebook
VP - Engineering
Jay Bartot
  Jay Bartot LinkedIn Profile  Jay Bartot Twitter Account  Jay Bartot News  Jay Bartot on Facebook
VP - Marketing
Mike Fridgen
  Mike Fridgen LinkedIn Profile  Mike Fridgen Twitter Account  Mike Fridgen News  Mike Fridgen on Facebook

 

 

Browse more venture capital transactions:

Prev: 2/2/2007: Brilliant Telecommunications venture capital transaction
Next: 2/2/2007: AlphaVax venture capital transaction

 

Share this article

 

News on VC Transactions

Our team works diligently to report on all VC transactions involving tech companies. All VC database entries on this site are sourced from publicly available VC deal announcements. The information is sourced from VentureDeal.com, an affiliated venture.

 

Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary

 

Copyright © 2001-2024. Gaebler Ventures. All rights reserved.