Connecticut Innovations invests in Rally Bus' $1.25m seed round to increase the size of the company and increase marketing.
Rally Bus, a US-based event travel company, has raised $1.25m in seed funding from a consortium including state of Connecticut-created Connecticut Innovations.
Connecticut Innovations was joined in the round by US-based accelerator and venture capital company YEI Innovation Fund that run by the Yale Entrepreneurial Institute, US-based financial services company First Niagara Bank and angel investors.
Rally Bus, that offers luxury bus transportation for events, also raised $100,000 in seed funding from the YEI Innovation Fund in November 2014.
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