Released on: April 17, 2008, 11:00 am

Press Release Author: Alison McNeill

Industry:

Press Release Summary: TripIt Receives $5.1 Million Investment

Press Release Body: SAN FRANCISCO - April 17, 2008 - TripIt (www.tripit.com), the
intelligent personal travel assistant, has received $5.1 million in Series B
financing from three significant investors: Sabre Holdings, O'Reilly AlphaTech
Ventures and European Founders Fund. The investment will be used to expand
development, marketing and support for the rapidly growing number of travelers who
rely on TripIt.

TripIt is an online travel organizer and social network to help people manage their
travel plans and stay in touch with fellow travelers, colleagues and family. In its
first six months, TripIt has been honored at the TechCrunch40, Web2.0 Summit
LaunchPad, and Under The Radar conferences, is currently a 2008 Webby Award Nominee,
and has been praised by a range of media including the Associated Press, CNN,
Economist, FOX, New York Times, Sunday Times (UK), and Wall Street Journal.

O'Reilly AlphaTech Ventures (OATV) is increasing its initial investment in TripIt
after providing the company's $1 million first-round of financing in 2007. OATV is
in the business of funding innovative technology companies, including Chumby,
OpenAds and Wesabe. www.oatv.com

\"TripIt exemplifies a new breed of web services that help us manage our personal
data,\" commented Tim O'Reilly of OATV. \"I\'m especially enthusiastic about TripIt
because it adds a new level of integration between email and the Web. We have so
many overlapping applications, and the next frontier is getting them to work better
together.\"

European Founders Fund (EFF) is a German investment group led by the Samwer brothers
who are responsible for some of the most successful Internet companies in Europe,
including alando (acquired by eBay) and Jamba! (acquired by VeriSign/Newscorp). The
Samwer brothers have also invested in leading U.S. technology companies including
Facebook and LinkedIn. www.europeanfounders.com

"We look forward to helping TripIt expand globally," commented Oliver Samwer,
European Founders Fund. "The diverse European travel market is ideally suited for a
service like TripIt that helps organize travel plans made across multiple travel
suppliers."

"We couldn't have asked for a stronger or more strategic group of investors, which
include a highly respected visionary on the future of the Web, leading European
technology investors, and one of the largest travel companies in the world,"
commented Gregg Brockway, TripIt co-founder and president. "This puts TripIt in a
strong position to significantly enhance our services and establish a global
footprint to help more travelers around the world."

About TripIt
TripIt helps people organize their travel plans-no matter where they booked.
Travelers just forward their travel confirmation emails to plans@tripit.com. TripIt
processes these emails and automatically creates a master itinerary with travel
plans, daily weather, local maps, restaurant reservations, city guides and more.
With TripIt, it's easy for travelers to print or access their trip plans from
anywhere-and to share itineraries and see when their trips overlap with friends and
colleagues in their TripIt social network.

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Contact:
Alison McNeill
FutureWorks
408-720-8228 x112
alison@future-works.com

Web Site: http://www.future-works.com

Contact Details: Alison McNeill
FutureWorks
408-720-8228 x112
alison@future-works.com