Travel Video Site TVTrip Gets $9 Million Funding

(PaidContent.org)  This story was written by Patrick Smith.

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Start-ups shouldn't be too down-heartedat least some sites are still being backed with big money as Europe continues its skid into recession. Paris-based TVTrip, which publishes video reviews of hotels in 157 cities worldwide, has bagged 7 million (about $9 million) in VC funding from previous backers Partech International and Balderton Capital, in a second round joined by AGF Private Equity (via Techcrunch.com). The site raised $4.8 million (3.38 million) in its first round funding in July 2007. A new version of the site, with more video-sharing than is currently on offer, goes live on March 10.