Intohotel.com, a Hangzhou-based professional provider of online business travel services, announced yesterday that it had received a $30 million investment from well-known VC companies Kleiner Perkins Caufield & Byers and Zero2IPO Group.

As one of the country's first providers of online business travel services, Intohotel is expected to help Chinese firms and governments cut down travel expenses and improve business travel management.

(China Daily July 3, 2008)