French startup BlaBlaCar has raised a new $115 million funding round (€97 million). While the company is better known for its long distance carpooling marketplace, BlaBlaCar has also added a bus marketplace with the acquisition of Ouibus and an online bus ticketing platform with the acquisition of Busfor.

Existing investor VNV Global is leading the round. Two new investors are also participating — Otiva J/F AB and FMZ Ventures. Otiva J/F AB is a fund created by Avito founders Jonas Nordlander and Filip Engelbert. If you’re not familiar with Avito, they specialize in classified ads for the Russian market. Classified giant and global tech investor Naspers acquired Avito. As for FMZ Ventures, it’s a growth fund created by Michael Zeisser, who previously led investments for

Read More At Article Source | Article Attribution