Hipmunk Gets $15M

San Francisco-based Hipmunk, the online travel site startup out of Y-Combinator, has raised a $15M, Series B round, the firm announced this morning. The round was led by Institutional Venture Partners, and also included Series A investor Ignition Partners. Todd Chaffee of IVP joins the company's board with the funding. The firm said it wil luse the funds for hiring, business development, marketing, and product enhancements. More information »