Timing was in Wego’s favour with the last round of fund raising – Priceline had bought Kayak for US$1.8 billion and Expedia had acquired a 61.6% stake in Trivago for 434 million Euros – and suddenly, meta search became the flavor of the month.
“It definitely helped,” said Ross Veitch, CEO of the company he started with partner Craig Hewett eight years ago. “The world’s two biggest online travel players buying into two of the world’s biggest meta search companies – it was a great validation of the meta search model and that the proposition is here to stay.”
Read more at: http://www.webintravel.com/news/us17m-richer-wego-aims-to-become-top-online-travel-brand-_3837