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GetYourGuide secures $50m funding round

November 13, 2015

Berlin-based online travel marketplace GetYourGuide has raised a $50 million investment round led by KKR. The company’s existing investors, Spark Capital, Highland Capital Partners and Sunstone Capital as well as new investor Nokia Growth Partners all participated. Johannes Reck, CEO and co-founder of GetYourGuide, said: “Enjoying new experiences is the core of why we travel. However, the way travelers book these travel activities today remains predominantly offline and is fraught with challenges. GetYourGuide enables travelers to search and book travel activities via one single platform which tremendously simplifies the process and saves time. We are raising new capital to enhance our capabilities globally and chose KKR as a differentiated and experienced partner that will help us accelerate our global expansion.”

Online wedding gift registry Zola has raised $10 million in Series B funding led by Canvas Venture Fund. Previous investors Thrive Capital, BBG Ventures and Female Founders Fund all participated. “Our goal is to displace the traditional department store registry and be the registry of choice for millennials,” CEO and Cofounder Shan-Lyn Ma told New York Business Journal. “The thing that we’ve really seen is millennials are moving away from the big traditional department stores for their registries, because they’re moving online and to mobile when they shop.”

Unitive, an analytics startup for the hiring process, has secured $7.5 million in Series A financing led by Ignition Partners. Kapor Capital, Webb Investment Network, Floodgate and Correlation Ventures also participated. The company will use the funds to develop its technology further and for customer support and marketing. “High growth organizations understand that their most important asset is talent,” said Unitive’s CEO and founder, Laura Mather. “When organizations don’t remove noise from signal in the hiring process, it leads to unintended staffing mistakes. The result over time is a deteriorating company culture that’s lost its essence. This is a problem we can help attenuate for companies that want to maintain their growth while improving new hire fit and enhancing corporate culture.”

Customer success management software provider Gainsight has closed a $50 million Series D round of funding led by Insight Venture Partners. Previous investors include Battery Ventures, Bain Capital Ventures, Bessemer Venture Partners, Salesforce Ventures, Summit Partners, and Lightspeed Venture Partners. “We are incredibly fortunate to welcome Insight Venture Partners to the Customer Success movement; whose investment in Gainsight is a message to the industry that modern business success is fundamentally intertwined with Customer Success,” said Nick Mehta, CEO of Gainsight. “The Insight team has a unique depth of experience in scaling technology businesses and will add invaluable guidance as we build an industry-defining product and community in Gainsight.”

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Filed Under: Finance, Investment Round Up, Startups

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