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Article: Kayak.com Secures $196M Financing Round.
- Article from:
- PR Newswire
- Article date:
- December 21, 2007
CopyrightCOPYRIGHT 2007 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Announces Merger with SideStep, Inc. to Become the World's Fifth Largest Travel Site
NORWALK, Conn., Dec. 21 /PRNewswire/ -- Kayak.com, the world's largest travel search engine, today announced the completion of a $196 million financing round. Kayak.com will use this investment to complete a merger with SideStep, Inc. and to pursue a more aggressive worldwide expansion. As part of this transaction, Michael Moritz of Sequoia Capital will join Kayak.com's Board of Directors.
"Kayak.com has become the Internet's best destination for clear and objective travel information," said Michael Moritz, Partner at Sequoia Capital. "Kayak.com's merger with ...