Room 77 Obtains $10,500,000 Series B Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c5e8626e-3e34-491b-9dcb-c13642fc8b00&Preview=1 -
Date
6/9/2011 -
Company Name
Room 77 -
Mailing Address
440 N. Wolfe Rd. Sunnyvale, CA 94085 -
Company Description
With the belief that choice and transparency are key to improving travel experiences, Room 77 offers room recommendations matching your preferences. -
Website
http://www.room77.com -
Transaction Type
Venture Equity -
Transaction Amount
$10,500,000 -
Transaction Round
Series B -
Proceeds Purposes
The new financing will help the company increase its proprietary index of hotel rooms globally and expand its core search platform to offer more ways to help travelers shop and book hotels online and via mobile devices. -
M&A Terms
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Venture Investor
General Catalyst Partners -
Venture Investor
Par Capital Management -
Venture Investor
Sutter Hill Ventures -
Venture Investor
Felicis Ventures
