Monday, August 16, 2010

Yapta Raising $650K In Convertible Round

Seattle-based Yapta, which operates an online site for tracking airline and hotel prices for travelers, is in the midst of raising $650,000 in a convertible round of funding, according to a recent regulatory filing by the firm. The funding is convertible into Yapta's Series B preferred stock. According to the filing, the firm has raised $550K out of a $650K round, which closed on August 9th. Details on the funding have not yet been announced by the firm. The funding includes an earlier, $300K the firm landed in April in the same funding round. Yapta has previously raised funding from Bay Partners, First Round Capital, Swiftsure Capital, and Voyager Capital. More information »