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Travel 2.0 site TripConnect.com secures venture funding

September 13, 2006 |

Using social networking technologies, TripConnect.com helps people obtain travel advice from the most highly valued but under utilized source: friends and family.

TripConnect.com, a social networking site for travel advice, today announced that it has closed $1 million of first round funding led by Masthead Venture Partners and individual private investors.

“Online travel is the largest single segment in e-commerce, and remains a robust area for development. By focusing on the idea of leveraging one’s own personal network for travel advice, TripConnect.com is uniquely qualified to serve as a definitive source of reliable destination research for travelers everywhere,” says Daniel K. Flatley, General Partner at Masthead Venture Partners.

Using social networking technologies, TripConnect.com helps people obtain travel advice from the most highly valued but under utilized source: friends and family. TripConnect.com answers need for trusted advice on destinations, hotels and activities by tapping into the knowledge resource that exists in one’s social network, delivering users exceptionally useful advice and information.

“Empowering travelers with access to relevant, dependable information is at the core of TripConnect.com’s mission,” says Carter Nicholas, C.E.O. of TripConnect.com. “Masthhead has an unparalleled track record of success with early stage ventures, and we are pleased to have their support in developing this new endeavor.”

Related Link: TripConnect.com

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