LeisureLink Gets $5M

Pasadena-based LeisureLink has raised $5M in venture capital funding, saying this morning that Mission Ventures and Clearstone Venture Partners had invested in the company. LeisureLink is developing an electronic marketplace for connecting travelers with vacation rentals and timeshares. The firm provides vacation rental management companies with a way to attract customers, and connects into online travel agencies and reservation systems. The venture round for the company follows prior investments in the firm from the Tech Coast Angels and Pasadena Angels. More information »