Online Travel Company Headout Raises $10 Million
Headout, a last-minute mobile marketplace has reportedly secured an amount of $10 million in a Series A funding round. The particular funding round was led by the existing investors Nexus Venture Partners and Version One Ventures.
After this round, the total funding amount of the company has reached $12 million so far. The company is planning to utilize these funds for the purpose of geographical and technical expansion.
The aim is to reach 100 cities across North America, Europe, and Asia Pacific by the next 18 months and enhance the technology and business teams, along with bringing in new verticals.
"Until this year, Headout was available to users only in English but the company has now launched services in French, German and Spanish in select markets and is on course to have all...