HotelTonight Receives $23,000,000 Series C Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8406a414-4b4a-4947-8cea-91bee65d925e&Preview=1
Date
6/5/2012
Company Name
HotelTonight
Mailing Address
144 2nd Ave. Third Floor San Francisco, CA 94105
Company Description
HotelTonight is the only hotel booking application that is made for mobile from the ground up. Available for free in the App Store for those with Apple iOS devices – the iPhone, iPod touch and iPad – HotelTonight offers some of the best pricing for last-minute deals at top hotels the HotelTonight staff personally vets.
Website
http://www.hoteltonight.com
Transaction Type
Venture Equity
Transaction Amount
$23,000,000
Transaction Round
Series C
Proceeds Purposes
This latest round of funding will let us continue to build a top-rated product, drive growth abroad and in the US, and allow us to make moves that will establish HotelTonight as the next great brand in travel.
M&A Terms
Venture Investor
U.S. Venture Partners
Venture Investor
Accel Partners
Venture Investor
Battery Ventures
Venture Investor
First Round Capital