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A travel planning site called Hipmunk has raised $20 million in funding

By Lorie Wimble1 min readGoogle News

Travel planning site Hipmunk announced today that it has raised $20 million in Series C financing. The round was led by Oak Investment Partners, and joined by a number of other past investors in the company, including Seattle’s Ignition Partners. The company says that the funding will be used to boost hiring, customer acquisition and partnership efforts, as well as its focus on cross-platform development. Oak General Partner Ren Riley will join Hipmunk’s board of directors as a part of the deal, where he will sit alongside Brad Silverberg from Ignition, Todd Chaffee from IVP, and former American Airlines CEO Bob Crandall, as well as Hipmunk co-founders Adam Goldstein and Steve Huffman.

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