LeisureLink Gets $6.2M

Pasadena-based LeisureLink has closed on $6.2M in a first tranche of additional funding for the travel firm, the company disclosed today. LeisureLink, which provides a distribution and booking service for specialty lodging, said the round was led by Mission Ventures and Clearstone Venture Partners, and also included participation from its other insiders. LeisureLink helps specialty lodging and vacation rental providers to get bookings. According to the firm, the new funding will go to help it grow beyond its existing distribution channels. LeisureLink's investors also include Group GCI, the vacation rental arm of Wyndham Worldwide. More information »