TripIt, another travel start-up, raises $1M

TripIt, a San Francisco online travel startup that plans to launch this summer, has raised $1 million in a first round funding from O’Reilly AlphaTech Ventures. One of the company’s executives is Hotwire co-founder Gregg Brockway. Bryce Roberts, of OATV tells VentureBeat he invested because of the team’s deep experience in travel industry.

The funding was first reported by PE Week.

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Matt Marshall is editor and CEO of VentureBeat. Follow him on Twitter at @mmarshall, and follow VentureBeat on Twitter at @venturebeat.