SAP founder Hasso Plattner invests in travel platform GoEuro
SAP founder Hasso Plattner just invested in GoEuro, a “multi-mode travel search engine”. GoEuro collects databases of different transportation modes like rail, air, bus and car rental – and combines them into a one stop search engine for consumers who want to plan a trip. The goal, says founder Naren Shaam, is to build the “ultimate travel search engine”.
GoEuro raised $ 4 million in seed funding from Battery Ventures, Hasso Plattner Ventures, Dave Bagget and Jeff Saganskx.
The investment will be used to develop the necessary infrastructure – a difficult undertaking because of all the different kinds of databases involved. According to GoEuro founder Naren Shaam, “numerous” European travel organizations agreed to cooperate with GoEuro.
Hasso Plattner was CEO of SAP until 2003. In the newly published Forbes billionaire ranking, his net worth is estimated at $ 8.9 billion, up $ 1,7 since March 2012 thanks to the rise of SAP shares.[Morgenpost]
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