LeisureLink Gets $8.1M

Pasadena-based LeisureLink, which operates an online booking service for vacation rental properties, said Tuesday morning that it has closed on $8.1M in a Series B-1 funding round. The venture round came from Clearstone Venture Partners, Group RCI, and Mission Ventures. LeisureLink represents timeshare resorts, vacation rentals, and condo hotels and allows for electronic booking with online travel sites and reservation services. LeisureLink had previously received $5M in venture funding in May of 2006 from both Mission and Clearstone; the firm has also raised angel funding from both the Tech Coast Angels and Pasadena Angels. More information »