Brazil-based online travel agency ViajaNet has secured one of the highest travel-related investment rounds so far of 2011 with $19 million arriving from a Redpoint Ventures-led team.
The funding comes two years into the life of the business following its launch by Alex Todres and Bob Rossato, with help from IG Expansion.
The latest round also includes participation from VC giant General Catalyst, backer of US metasearch engine Kayak and Google newbie ITA Software.
Todres says the injection of capital will go some to expand the product offering and carry out work on the site, but more importantly will be used to advance "aggressive growth plans".
The company is second only to market leader Decolar in Brazil and is looking to capture more of the burgeoning online travel marketplace in the country.
PhoCusWright's last report for Latin America in April 2011 put the amount of travel booked over the web at just 14% of the $58 billion regional marketplace.
This figure is expected to increase to 20% by next year, with leading OTAs expecting share a pie of $5 billion within two years.