Funding and Acquisitions Roundup: BusBud closes a $1M funding round for its app that connects bus routes around the world

By Editor May 29, 2013

By Brian Kovalesky, StartUp Beat Editor

Today’s early-stage startup funding and acquisitions news:

Bus trip planning app BusBud has raised $1 million in its first round of funding to expand its already impressive global footprint. Investors in the round include iNovia Capital, Real Ventures and Angel investors. The Montreal and New York City-based startup says it consolidates bus schedules and information from 4,181 cities in 66 countries, and is available in 10 languages and in 15 currencies. Speaking of currencies, the company allows customers to pay fares directly through the app for only select markets at this point. BusBud was founded in the fall of 2011 and is a participant in the Canadian Technology Accelerator Initiative in New York City (CTA @ NYC). (Sources: BusBud, TechCrunch)

Vital Stats:


Founders: Louis-Philippe Maurice, CEO; Michael Gradek, CTO; Frederic Thouin, Chief Scientist

Founded: October, 2011

Investors: iNovia Capital, Real Ventures, Peter Kern, Joe Poulin

Total Funding: $1 million

More funding news…

Because Competitive Intelligence Gathering Is Horrible, TrackMaven Raises $1.25M From Aol & Angels To Make It Real-Time & Actionable (via TechCrunch)

CoTap lands $5.5 million in funding; workplace mobile messaging (via ZDNet)

60 angel investors rally forces and raise $6.7M for Bitcoin startups (via VentureBeat)

DoYouRemember receives $1M to glorify all things retro (exclusive) (via VentureBeat)

Accelerator Tandem will start funding mobile startups in India (via GigaOm)

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