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Momondo Raises $8.3 Million for More Online Travel Acquisitions

Dennis Schaal photo
Dennis Schaal

Photo Caption: The Momondo Group is mulling acquisitions. Pictured is the Momondo Places iPad app. 

Skift Take

Seems like a small amount of buying anything substantial, if you see startup valuations these days. It may need a lot more if it wants to make a difference against tough competition.

The Momondo Group, which includes the Momondo and Cheapflights brands, is in an acquisitive mood. Momondo Group has secured an $8.3 million (actually GBP 5 million) revolving credit facility from Barclays to fund Momondo Group's "global expansion and enable the busin

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