Traxo Gets $4.2M For Travel Apps

Dallas-based Traxo, a developer of travel organization apps and software, has raised $4.2M in a Series A funding, to help travelers track their travel reservations and plans. According to the company, the funding came from Advantage Capital Partners, Silver Creek Ventures, and Thayer Ventures. The company offers up its tools to travelers, companies, and travel management companies. According to Traxo, it will use the funding for product development and international expansion. Traxo was founded by Andres Fabris and Andy Chen, and has been around since 2009; the funding is its first venture funding. More information »