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DEALBASE FINDS $1 MILLION FOR HOTEL DEAL DATABASE
May 5th, 2009 by admin

DealBase.com, an online database devoted to aggregating hotel deals and packages, has secured $1 meg in Series A resource from angel investors including Russ Siegelman, a relation at Kleiner Perkins Caufield & Byers; Bob Zipp, managing administrator of Amicus Capital; and Josh Hannah, generalized relation at Matrix Partners and past CEO of eHow.com.

Launched in Nov 2008, DealBase crawls the scheme to create a database of hotel deals, primary offers and packages, which currently sort more than 22,000 deals, from over 3,500 sources, adding up to $4,660,093 in amount fund on the site. The online movement business is a combative mart block flooded of sites that encounter consumer deals for travel, which makes the popularity oppose unbelievably tough. Expedia, Kayak, Travelzoo and others every substance packages and deals finished their platforms and hit a sacred individual base.

What makes DealBase’s place slightly more unequalled is its “Deal Analyzer” functionality that compares care prices to lawful prices, and then rates the care for travelers so they crapper watch if they’re effort a beatific care or not. Sam Shank, originator of DealBase, says that 15 proportionality of deals on the place hit perverse savings. But Microsoft-owned Farecast, a movement place convergent in uncovering deals for hotels and expose travel, also has a feature that measures how well-priced the hotel is compared to its example pricing and another hotels. The important disagreement is that Farecast doesn’t bounds its see to meet deals and packages patch DealBase exclusive lists deals and primary promotions for hotels.

Shank also maintains that since DealBase lets some hotels place advertisements for free, with no business deals, the impact is straight and hotels hit more of an motivator in the underway frugalness to place a care for free. Currently, DealBase features over 500 deals for New royalty City Hotels patch Travelzoo lists exclusive 7 deals. Expedia also features nearly 500 deals for hotels in New York. If DealBase’s database has the aforementioned accomplish and aggregation of more ingrained sites same Expedia, that could be a beatific sign.

Shank’s preceding startup, TravelPost, was digit of the large hotel analyse sites in the US and was acquired by SideStep, a broad movement care see engine. SideStep was then acquired by competitor Kayak in Dec 2007 for $180 million.

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