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Unlike other travel companies, Farecast predicts when a user should buy a ticket based upon 175 billion...<a class="vbp-toggle-more tradevibes_toggle_button discovery_interesting" onclick="tradevibes_toggle_description(event);">More&raquo;</a></p>\n\t\t\t<p class="vbp-description vbp-description-long vbp-hide tradevibes_hidden">Farecast offers a unique service by providing its users with domestic airfare predictions. Unlike other travel companies, Farecast predicts when a user should buy a ticket based upon 175 billion points of previous airfare data. Its engine can currently predict whether airfare goes up or down up to a week into the future with a claimed success rate of 70-75%.<br/><br/>Farecast was acquired by Microsoft on 4/08 for $115M.<a class="vbp-toggle-more tradevibes_toggle_button discovery_interesting" onclick="tradevibes_toggle_description(event);">&laquo;Less</a></p>\n\n\t\t\t<div class="vbp-category">\n\t\t\t\t<h5>Overview</h5>\n\t\t\t\t<p><strong>Location:</strong> \tSeattle, WA, United States\n</p>\n\t\t\t\t<p><strong>Industry:</strong> Consumer Internet</p>\n\t\t\t\t<p><strong>Employees:</strong> 26</p>\n\t\t\t\t<p><strong>Tags:</strong>\n\t\t\t\t<a href="http://venturebeatprofiles.com/company/tag_list?tag=Prices">Prices</a>,\n\t\t\t\t<a href="http://venturebeatprofiles.com/company/tag_list?tag=Expedia">Expedia</a>,\n\t\t\t\t<a href="http://venturebeatprofiles.com/company/tag_list?tag=Travel">Travel</a>,\n\t\t\t\t<a href="http://venturebeatprofiles.com/company/tag_list?tag=Forecast">Forecast</a>,\n\t\t\t\t<a href="http://venturebeatprofiles.com/company/tag_list?tag=Airfare">Airfare</a>,\n\t\t\t\t<a href="http://venturebeatprofiles.com/company/tag_list?tag=Microsoft">Microsoft</a>\n\t\t\t\t</p>\n\t\t\t</div>\n\n\t\t\t<div class="vbp-category">\n\t\t\t\t<h5>Financials</h5>\n\t\t\t\t<p><strong>Latest Funding:</strong> Series C - $12.1M (01/2007)</p>\n\t\t\t\t<p><strong>Investors:</strong>\n\t\t\t\t\t\n\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/investor/profile/greylock-partners?src=widget">Greylock Partners</a>,\n\t\t\t\t\t\n\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/investor/profile/madrona-venture-group?src=widget">Madrona Venture Group</a>,\n\t\t\t\t\t\n\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/investor/profile/par-capital-management?src=widget">PAR Capital Management</a>,\n\t\t\t\t\t\n\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/investor/profile/pinnacle-ventures?src=widget">Pinnacle Ventures</a>,\n\t\t\t\t\t\n\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/investor/profile/sutter-hill-ventures?src=widget">Sutter Hill Ventures</a>,\n\t\t\t\t\t\n\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/investor/profile/wrf-capital?src=widget">WRF Capital</a>\n\t\t\t\t</p>\n\t\t\t</div>\n\t\t</div><!-- col -->\n\t\t<div class="vbp-right-col vbp-col">\n\t\t\t<div class="vbp-category">\n\t\t\t\t<h5>Market</h5>\n\t\t\t\t<p><strong>Competitors:</strong>\n\t\t\t\t\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/company/profile/uptake?src=widget">UpTake</a>,\n\t\t\t\t\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/company/profile/yapta?src=widget">Yapta</a>,\n\t\t\t\t\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/company/profile/expedia?src=widget">Expedia</a>,\n\t\t\t\t\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/company/profile/priceline?src=widget">Priceline</a>,\n\t\t\t\t\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/company/profile/globester?src=widget">Globester</a>,\n\t\t\t\t\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/company/profile/tourmandu?src=widget">Tourmandu</a>\n\t\t\t\t</p>\n\n\t\t\t\t<p><strong>Related Companies:</strong>\n\t\t\t\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/company/profile/ezrez?src=widget">EzRez</a>,\n\t\t\t\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/company/profile/priceline?src=widget">Priceline</a>,\n\t\t\t\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/company/profile/delaycast?src=widget">Delaycast</a>,\n\t\t\t\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/company/profile/flyspy?src=widget">Flyspy</a>,\n\t\t\t\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/company/profile/hostelworld-com?src=widget">Hostelworld.com</a>,\n\t\t\t\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/company/profile/uptake?src=widget">UpTake</a>,\n\t\t\t\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/company/profile/orbitz?src=widget">Orbitz</a>,\n\t\t\t\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/company/profile/travelguru?src=widget">TravelGuru</a>,\n\t\t\t\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/company/profile/compete4yourseat-com?src=widget">compete4yourseat.com</a>,\n\t\t\t\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/company/profile/seatgeek?src=widget">SeatGeek</a>\n\t\t\t\t</p>\n\t\t\t</div>\n\n\t\t\t<div class="vbp-news">\n\t\t\t\t<h5>Recent News</h5>\n\t\t\t\t<p><a href="http://venturebeatprofiles.com/news/view/farecast?article=139052">\n\t\t\t\t\t<em>May 20, 2009</em>\n\t\t\t\t\t<strong>CNET Webware Editor\u2019s Choice Award!</strong>\n\t\t\t\t</a></p>\n\t\t\t\t<p><a href="http://venturebeatprofiles.com/news/view/farecast?article=133770">\n\t\t\t\t\t<em>May  4, 2009</em>\n\t\t\t\t\t<strong>Summer Forecast Update</strong>\n\t\t\t\t</a></p>\n\t\t\t\t<p><a href="http://venturebeatprofiles.com/news/view/farecast?article=118753">\n\t\t\t\t\t<em>Apr  2, 2009</em>\n\t\t\t\t\t<strong>Summer travel forecast</strong>\n\t\t\t\t</a></p>\n\t\t\t\t<p><a href="http://venturebeatprofiles.com/news/view/farecast?article=118752">\n\t\t\t\t\t<em>Mar 31, 2009</em>\n\t\t\t\t\t<strong>Farecast is a CNET Webware 100 finalist - Please Vote for us!</strong>\n\t\t\t\t</a></p>\n\t\t\t\t<p><a href="http://venturebeatprofiles.com/news/view/farecast?article=109808">\n\t\t\t\t\t<em>Mar 13, 2009</em>\n\t\t\t\t\t<strong>Fareology on Twitter!</strong>\n\t\t\t\t</a></p>\n\t\t\t</div>\n\n\t\t</div><!-- col -->\n\t</div><!-- content -->\n\t<p class="vbp-footer">\n\t\t<a href="http://venturebeatprofiles.com/company/profile/farecast?src=widget">Farecast Company Profile</a> powered by <a href="http://venturebeatprofiles.com/?src=widget">VentureBeat Profiles</a>.\n\t</p>\n</div><!-- widget -->\n'
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