Travel planning startup Utrip raises more cash, adds ex-Expedia CFO to board

Travel planning startup Utrip raises more cash, adds ex-Expedia CFO to board

Utrip CEO Gilad Berenstein accepts the award for Young Entrepreneur of the Year at the GeekWire Awards 2015. Utrip, a platform for creating personalized travel itineraries, is planning to scale up in a big way next year. A new SEC filing reveals that the Seattle-based startup just raised $3.4 million of a $6.1 million round. Utrip CEO Gilad Berenstein wouldn’t comment on the new funding, but did tell GeekWire that Acorn Ventures, an early-stage venture fund out of Bellevue, Wash., is leading the round. Costco CFO Richard Galanti and hotelier Craig Schafer also participated. Utrip is still actively fundraising for the round. Berenstein also said that former Expedia CFO Michael Adler has joined the company’s board of directors. “Mike is as qualified and as knowledgeable as basically anyone else in the world when it comes to our…


Link to Full Article: Travel planning startup Utrip raises more cash, adds ex-Expedia CFO to board