Hipmunk Raises $20M

San Francisco-based Hipmunk, an online travel booking site focused on flights and last minute hotels, said this morning that it has raised $20M in a Series C funding round. The funding came from Oak Investment Partners, and also included Institutional Venture Partners and Ignition Partners. Ren Rile of Oak will join the company's board with the funding. Hipmunk was co-founded by Adam Goldstein and Steve Huffman.