TechStars Seattle grad GoMiles acquired by Traxo

GoMiles, a Seattle startup that allows consumers to better manage frequent flyer miles, has been acquired by Dallas-based Traxo in a deal of undisclosed size.

Led by Michael Komarnitsky and Marc Kamaka, GoMiles was part of the TechStars Seattle 2010 class. I caught up with the company (and the other TechStars’ grads last year), and at the time Komarnitsky noted that GoMiles was cash flow positive.

Michael Komarnitsky

In a press release, Komarnitsky said that they are excited to join Traxo. “Traxo’s trip-organization capabilities are unmatched in the industry, and GoMiles users will be able to leverage these features to take more control of their trips and their frequent flyer miles,” he said.

The acquisition comes on the heels of Apple unveiling Passbook, a mobile wallet of sorts that allows users to more easily track frequent flyer miles and other reward programs.

Founded in 2008 by Andres Fabris, Andy Chen and Richard Pendergast, Traxo aggregates travel information directly from over 160 travel websites. It also accepts travel confirmation emails from more than 1,300 travel providers.

As a result of the deal, Komarnitsky is joining Traxo as head of strategy and marketing. He will remain in Seattle. Kamaka moved to a new job at Seattle’s Giant Thinkwell, maker of Haiku Deck, earlier this year.

Here’s more info on the GoMiles/Traxo deal.

  • http://twitter.com/bcrimmins Bob Crimmins

    Congrats to Team GoMiles! So glad that such a terrific service has found a home.