Travel activities site Peek raises $23 mln for international expansion


San Francisco-based Peek, which develops software for tour operators and travel activity providers, has raised $23 million in Series B funding round, the company said. Cathay Innovation, the venture fund of private equity firm Cathay Capital, led the round.Other investors include Kayak co-founder Paul English. Peek, founded in 2012 by Ruzwana Bashir and Oskar Bruening, has now raised about $40 million in total financing and is using the latest backing to expand to Europe and China. Its list of well-known investors include former Trulia CEO Pete Flint; TPG Capital founder David Bonderman; ex-Oracle President Ray Lane; Eric Schmidt, formerly of Google; and Twitter co-founder Jack Dorsey.

For more info about the company, Cathay Innovation posted about it on Medium.

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