|
|
Thursday, April 17, 2008
Microsoft Acquires Farecast
Bellevue-based software giant Microsoft has acquired Seattle travel predictions web site Farecast, according to a post by CEO Hugh Crean on Farecast's official blog. Farecast, which provides airfare predictions between major cities, said that the acquisition creates tremendous opportunities for the Farecast team and its customers. The company did not release details of the acquisition, however the Seattle Post-Intelligencer, which broke the story earlier this week, pegged the acquisition at $115M. Farecast had raised $20.6M in venture capital over three round of funding, from Greylock Partners, Lux Capital, Madrona Venture Group, PAR Capital Management, Pinnacle Ventures, Sutter Hill Ventures, and WRF Capital.
posted on Thursday, April 17, 2008
|
Sign up to receive updates via our daily email newsletter
|
Previous Issues
Thursday, November 20, 2008
Wednesday, November 19, 2008
Tuesday, November 18, 2008
Monday, November 17, 2008
Thursday, November 13, 2008
|
