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Follow on Google News | Tripping Announces Series A Investment Led by Recruit Holdings and Quest Venture PartnersBy: Tripping Entering its third year of operation as a metasearch site, Tripping is already the leading platform for vacation homes and short-term rentals. The site offers over 1 million properties across 50,000 cities worldwide, curated from over a dozen top travel rental sites including HomeAway, Booking.com, Wimdu, Interhome, HouseTrip, Flipkey and more. Co-leading the round was Quest Venture Partners, a Silicon Valley firm that also led Tripping’s Series Seed. “We’re pleased to continue supporting the Tripping team and their mission to help travelers find amazing places to stay,” says Andrew Ogawa, Managing Partner. “We look forward to building awareness around the brand and sending qualified leads and bookings to Tripping’s partners.” In conjunction with the announcement today, Recruit Holdings also revealed the formation of RGIP LLC, a 4.5 billion yen fund dedicated to corporate venture capital investments. Youngji Han, a Senior Vice President of RGIP, says “We are excited to announce that Tripping is our first investment. We’ve spent considerable time researching the rentals market and we believe that Tripping is in a prime position to become the leading global platform for non-hotel accommodation.” One of the largest and most recognized companies in Asia, Recruit has deep holdings in travel. They’ve also gained visibility in the United States since their acquisition of the employment-related metasearch giant Indeed.com. Given their global footprint and relevant expertise, Recruit is a strong ally for Tripping. “Tripping’ ABOUT TRIPPING Headquartered in San Francisco, Tripping is the world's largest site for vacation homes and short-term rentals. With over 1 million properties spanning 50,000 cities, Tripping makes it easy to compare vacation rentals from the world’s top travel sites including HomeAway, HouseTrip, Flipkey, Interhome, Booking.com and more. To find an amazing vacation rental for your next trip, visit http://www.tripping.com. End
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