Room 77 Lands $30,297,703 Series C Financing
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6eed1dd8-dbe5-4cb8-acfb-230553eae81a&Preview=1 -
Date
1/4/2013 -
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
$30,297,703 -
Transaction Round
Series C -
Proceeds Purposes
Room 77 expects to use the additional capital to grow its team with top talent, expand into new markets, increase investment in product, engineering and room-level content, and step up its marketing efforts to build a world-class brand. -
M&A Terms
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Venture Investor
Sutter Hill Ventures -
Venture Investor
General Catalyst Partners -
Venture Investor
Concur -
Venture Investor
Felicis Ventures
