innRoad Obtains $5,800,000 Series B Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2657b762-0241-4fcd-a41d-05fb22b80b49&Preview=1 -
Date
5/31/2012 -
Company Name
innRoad -
Mailing Address
37 WIndmill Lane Southampton, NY 11968 -
Company Description
innRoad is the only Software-as-a-Service (SaaS) hotel software solution that seamlessly integrates property management, global distribution, bookings and marketing–all on a single, easy-to-use platform designed exclusively for independent hoteliers, small hotel chains and hotel management companies. -
Website
http://www.innroad.com -
Transaction Type
Venture Equity -
Transaction Amount
$5,800,000 -
Transaction Round
Series B -
Proceeds Purposes
Proceeds purposes were not disclosed. -
M&A Terms
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Venture Investor
Blue Heron Capital -
Venture Investor
Rose Park Advisors
