Yapta, a provider of airfare price assurance services for travelers, has raised an additional $2 million in funding as part of its Series D financing round, bringing the round total to $6.2 million. Yapta had initially raised $4.2 million in the round, led by Concur, in July. The new investment was led by Amadeus with additional participation from Concur (through its Concur Perfect Trip Fund).
The company will use the funding to scale its efforts in technical development, sales and marketing. Yapta’s technology is helping companies with heavy travel volumes reduce their spend and extend their T&E budget by constantly tracking booked airfares and flagging lower rates when they become available.