Skyscanner, an Edinburgh, Scotland-based international travel search company, received a secondary investment from Sequoia Capital.
In conjunction with the transaction, Sir Michael Moritz will join Skyscanner’s Board of Directors.
The investment values Skyscanner at $800m. Following it, Scottish Equity Partners remains the company’s largest investor.
Founded in 2003 and led by Gareth Williams, Chief Executive Officer, Skyscanner is a global travel search site that offers a comprehensive, free flight search service as well as instant online comparisons for hotels and car hire. It receives over 25 million unique visitors each month being optimized worldwide and available in 30 languages. Its free mobile apps are available on iPhone, iPad, Android, Windows Phone, BlackBerry and Windows 8 devices. It recently acquired Fogg, a Barcelona-based internet hotel search company.
The company employs over 250 staff in Edinburgh and regional hubs in Singapore, Beijing, Barcelona and Miami.
FinSMEs
05/10/2013