G2 Switchworks + Alex Zoghlin
Behind all those travel sites and reservations systems is another layer of ticketing distribution. A bunch of Orbitz veterans decided there was a cheaper, better way to handle ticket processing and developed a new ticket system to reduce GDS (distribution) fees by 80% . They've gotten agreements from a seven major airlines and announced partnerships with Priceline.com.
Alex previously was CTO and the first executive at Orbitz - effectively the founder if you don't count the airlines. Prior to that he started Sportsgear and Neoglyphics - an very early web development shop that he sold to Zefer.
Dimensions: 25 people x 2 years x $NDA
Funding: Norwest Venture Partners, TPG Ventures
Customers: Airlines, Travel Networks, Travel Retailers
Location: Chicago [Downtown] + www.g2switchworks.com