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Short Take: Norwest VC invests $1.25 million in ITN

Norwest Venture Capital announced a $1.25 million investment in Internet Travel Network (ITN) as part of a $6.5 million total round of financing. ITN, now in its third year of operation, is using this round of expansion financing to support its continued growth, including corporate development and increased research, sales and marketing activities. ITN currently receives 8,000 to 15,000 visitors per day. The service hosts 1.8 million registered users with more than 3,000 new users joining per day, according to the company.

Norwest Venture Capital announced a $1.25 million investment in Internet Travel Network (ITN) as part of a $6.5 million total round of financing. ITN, now in its third year of operation, is using this round of expansion financing to support its continued growth, including corporate development and increased research, sales and marketing activities. ITN currently receives 8,000 to 15,000 visitors per day. The service hosts 1.8 million registered users with more than 3,000 new users joining per day, according to the company.