Seattle startup Yapta trims staff |
Connect with TechFlash on our Facebook page for all the latest technology news headlines and commentary, plus information and access to special events, photos from events, promotions and more.
Yapta joins a growing list of Seattle area startups that are cutting staff as the economy takes a nosedive.
The two-year-old company, which lets people track airfare prices, laid off 4 workers, leaving it with just a dozen staff.
An office manager, software tester, and two product managers lost their jobs, said Yapta spokesman Jeff Pecor.
Yapta was founded in January 2006. Last year, the company raised $2.3 million in venture capital from First Round Capital, Voyager Capital, Swiftsure Capital and Bay Partners.
Yapta's CEO is Tom Romary, a veteran of Alaska Airlines, RealNetworks and FogDog, an online retailer of sporting goods.
Yapta sends email alerts to users when airfare prices drop or fall below a particular price target. It also helps users take advantage of airline policies to obtain travel credits when prices decrease on already purchased tickets.
If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.