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FLYR Finds $8M For Airfare Prediction

San Francisco-based FLYR, a developer of airplane fare prediction software, has raised $8M in a Series A funding round, the company announced this morning. The round was led by Peter Thiel, and also included JetBlue Technology Ventures, Streamlined Ventures, AXA Strategic Ventures, Amadeus, Western Technology Investment, Plug and Play and Chasm Capital Management. Phin Upham joins the company's board as part of the funding. FLYR develops a predictive engine to predict fares, a related "price protection" service, and a fare alert service to its users. More information »