According to Reuters, SideStep Inc. should be set today to announce that they will be acquiring TravelPost.com.  SideStep is a traveler’s search engine that searches over 150 websites to find travel bargains.  Every month, SideStep services are used by 5 million consumers.  TravelPost is a website for consumers to read and review hotels and other resorts.  “SideStep plans to combine TravelPost’s reviews with its own site in the coming months, matching travelers with hotels based on advice from people with similar interests [source].”

By synergizing TravelPost reviews into their own services, SideStep (#10 Travel website) is geared towards competing hyperactively against Expedia, Travelocity, Cheap Tickets, Orbitz, and Yahoo! 

Private company, SideStep Inc. was founded in 1999 and is based in Santa Clara, CA.  TravelPost.com was founded in San Mateo, CA and has generated over 250,000 reviews by users on 50,000 hotels.  SideStep has previously raised over $17 million in funding from Trident Capital and other investors.  Rob Solomon a former general manager of Yahoo! Travel took over as President and CEO of SideStep.
[Article Source: paidContent]

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