Big news coming late in the working day from Asia with metasearch engine Wego landing a $17 million funding round, bringing the total invested so far in the company to $36 million.
The preferred share offering as part of a Series C round was led by Crescent Point with other investors including Victoria Capital and existing backer Tiger Global.
In conjunction with the latest round, Paul Bassat from Victoria Capital and an as yet unnamed executive from Crescent Point will join the board of directors at Wego.
The latest injection of capital will be used to invest in product, expand the team and market the business to help, as officials say, "grow Wego into a leading online travel brand".
The company claims to be generating more than $10 million worth of leads a day for its supplier and intermediary partners across the 52 markets it currently operates in.
The site has been extended in recent years to now be available in 30 languages around the world, with particular focus and growth in emerging markets such as the Middle East, India and South East Asia (its home-base).
Wego raised its Series B round in November 2010 from Tiger Global. The figure was not disclosed at the time but it also came at the same time as a merger with Indian travel communityHolidayIQ.
The pair de-merged in February this year, almost a year to the day after Martin Symes stepped down as CEO to be replaced by one of the Wego's original founders, Ross Veitch.
Symes later joined Asia-Pacific global distribution system Abacus as its vice president of marketing. Veitch's fellow co-founder Craig Hewett serves as the company's chief commercial officer.