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Saturday, April 21, 2012
Travel Data Startup Duetto Raises $2.1M From Trinity, Marc Benioff, Many More
Duetto, a startup bringing a "big data" approach to the travel industry, has just raised $2.1 million in seed funding. The company hasn't launched yet, but co-founder and CEO Patrick Bosworth says the goal is to build applications around customer demand data from large travel companies. It's starting out by serving small- and medium-sized lodging businesses (who could, for example, use the data to help with pricing and distribution strategies), and Bosworth plans to go live for Duetto's first customers this summer. Eventually, he says he wants to help "companies in all travel verticals respond to changing market conditions and market demand."
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