Passenger Secures $8.3 Million in Series B Funding

Aug 10, 2007

Passenger, the software-as-a-service company that enables brands and customers to collaborate within the social context of a private online community, has announced that it has secured $8.3 million in Series B funding led by Steamboat Ventures, a venture capital firm affiliated with The Walt Disney Company. In addition, Shelter Capital Partners, which led Passenger’s Series A funding, and StarVest Partners also contributed to the round. Concurrent with the investment, Dan Beldy, managing director of Steamboat Ventures and Larry Bettino, general partner at StarVest Partners, will join the company’s board of directors.