innRoad Obtains $5,800,000 Series B Funding Round

  • Feed Type
  • 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
  • Venture Investor
    Blue Heron Capital
  • Venture Investor
    Rose Park Advisors