Seattle travel startup Yapta has received a $1.1 million bridge loan, money that the company will use to continue operations as it looks to raise its next round of capital.

Yapta continues to expand in the corporate travel arena having launched its FareIQ product last year. A spokesman for the company calls FareIQ “the world’s only independent and unbiased intelligent price tracking solution.” It also continues to operate a consumer-oriented service that allows travelers to track airfare purchases, and then receive cash or credits if the price later drops.

The cash, which brings total funding to about $15 million, comes from existing investors such as Voyager Capital. It also follows the appointment last summer of former Sabre Holdings executive James Filsinger as CEO.

In 2011, Redmond-based Concur — the maker of travel and entertainment expense management software — invested $5 million in Yapta.

Previously on GeekWireYapta unveils airfare price tracking service to save companies cash on travel

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