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tripwolf Closes Second Funding Round

Despite difficult financial times, Austrian Web 2.0 start-up secures investment from MairDumont and Dieter von Holtzbrinck.

FOR IMMEDIATE RELEASE

PRLog (Press Release) - Jan 23, 2009 -
Online travel guide tripwolf (http://www.tripwolf.com) announces a second round of funding. The MairDumont Group, Europe's largest publisher of travel information, has invested for the second time in the Vienna-based web 2.0 start-up. By strengthening its commitment to tripwolf, the MairDumont group aims to play a leading role in the digital market as well.
"Travel and mobility online are part of our core business," says Stephanie Mair-Huydts, Publisher. "Despite the financial crisis, we want to expand our position in the online market. tripwolf is the perfect extension of our current offerings.”
Additionally, renowned German publisher Dieter von Holtzbrinck has signed on as a co-investor. Dieter is confident and enthusiastic about both the tripwolf concept as well as the competent and creative management team.
"We are proud to have the trust of such reputable companies and individuals,” says Sebastian Heinzel, CEO of tripwolf, who is excited by the willingness of investors from the print world to support innovative online business models. "We have big plans for 2009, including site launches in French, Spanish and Italian, and a tripwolf iPhone application."
tripwolf, a next generation travel guide, launched in June 2008 in German and English. The platform combines professionally created content with user-generated content - reviews, tips, photos and travel blogs – from thousands of travelers all over the world. Currently, the tripwolf community has nearly 15,000 members, including one thousand "trip gurus“ who provide personal travel tips.

About tripwolf
tripwolf gives travelers the opportunity to create—and print—a personalized travel guide for any destination. Travel information found on tripwolf.com is compiled from the travel community’s tips, network friends, maps, destination "trip gurus” and MairDumont, Europe's largest travel guide publisher. Users also can publish content about their own travel experiences, including uploading pictures and keeping travel blogs. Additionally, tripwolf members can network with other travelers from around the world, as well as import their contacts from social networks such as Facebook. For more information on tripwolf, visit http://www.tripwolf.com/en/page/about.

About MairDumont
MairDumont is the market leader for tourist information in Germany and Europe. Its particular importance has lead to the setting up of an independent company (FALK MARCOPOLO INTERACTIVE) that concentrates on Internet, navigation-system, telematics and mobile products and services. MairDumont invested in tripwolf in spring 2008. http://www.mairdumont.com

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About tripwolf
tripwolf gives travelers the opportunity to create—and print—a personalized travel guide for any destination. Travel information found on tripwolf.com is compiled from the travel community’s tips, network friends, maps, destination "trip gurus” and MairDumont, Europe's largest travel guide publisher. Users also can publish content about their own travel experiences, including uploading pictures and keeping travel blogs. Additionally, tripwolf members can network with other travelers from around the world, as well as import their contacts from social networks such as Facebook. For more information on tripwolf, visit http://www.tripwolf.com/en/page/about.

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Source:tripwolf.com
Country:United States
Industry:Business, Travel, Technology
Tags:, , second round funding, mairdumont
Last Updated:Jan 23, 2009
Shortcut:http://prlog.org/10171660
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