TA Ventures portfolio company won the "Most Innovative Travel Startup of the Year" Award

Last week TA Ventures portfolio company Wehostels won the "Most Innovative Travel Startup of the Year" Award at the PhocusWright Conference's Travel Innovation Summit!
The award judges were 12 top travel executives including CEOs and VPs from Expedia, Priceline, Sabre, Google, Viator, etc. Because of that, this award is a great validation from the industry. In fact, previous winners went out to create great things, like Tripit (later acquired for $120M),Gogobot (later raised $22M), EveryTrail (later acquired by TripAdvisor), Hipmunk (later raised $20M) and GroundLink (later raised $20M).

Travel Innovation Summit 2012 - Startup Category Winner: WeHostels from WeHostels.
Since Wehostels decided to "go mobile or go home", killing their website and launching a mobile app 3 months ago, things were really taking off. Wehostels were featured by Apple as "New and Noteworthy" and received 5 stars by users in the app store and we were praised by the press including NBC News, WAToday and TechCrunch. Users are using and loving the product and the community is growing a lot; more than 70,000 mobile users and that number is growing fast every day.

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