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 GeekWire: Yapta unveils airfare price tracking service to save companies cash on travel