Mobile

Sequoia Capital Values Skyscanner at $800 Million in Mobile Travel Search Deal

Published on October 2, 2013
by Lora Kolodny

The worldwide use of mobile devices to search for flights, hotels and other travel information is growing, and Sequoia Capital is betting on one mobile app maker to become the leader in the sector.

The Silicon Valley venture firm has made one of its largest equity investments ever, acquiring shares of Skyscanner Ltd. in a deal that values the Scotland-based company at $800 million.

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