Google Ventures Joins $60M Round For Members-Only Travel Site, Secret Escapes


TechCrunch

U.K.-based members-only luxury travel site, Secret Escapes, has pulled in a $60 million funding round, with investment coming from new investor Google Ventures, along with existing investors including Index Ventures and Octopus Investments.

Google Ventures’ partner Tom Hulme noted Google’s participation in the new funding in a tweet earlier today:

The startup last raised back in 2012, when it took in $8 million with a plan to bolster its position in the domestic market and expand into the U.S., Germany and the Nordic countries. In the past few years it’s made several small acquisitions, either rivals in the online travel space or aimed at expanding the events side of its business.

More acquisitions for Secret Escapes look likely, given its new cash injection and stated aim of accelerating its global growth. The IBT reports Secret Escapes…

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