Online travel planning specialist NileGuide has raised $8 million in Series B funding.

Published: 06 Jun 2008

Online travel planning specialist NileGuide has raised $8 million in Series B funding.

The round was led by Austin Ventures, and also included Lehman Brothers Venture Partners as well as existing investors Draper Richards and KPG Ventures. This brings NileGuide's total funding to over $9.5 million.

Tom Ball, Partner at Austin Ventures, said, "We invested because, while other companies focus on the mechanism of travel, NileGuide is the only company that focuses entirely on the consumer and enriching the travel experience."

Based in San Francisco, the company offers travel intelligence by combining the recommendations and knowledge of hand-picked local experts with trusted sources like Expedia, OpenTable, and TripAdvisor, and many others.

Josh Steinitz, CEO and co-founder of NileGuide (www.nileguide.com) said, "We uniquely enable consumers to build a customised, permanently accessible and sharable travel itinerary – that's the key to becoming the worlds preeminent archive of great trips."