Roomer Secures $5,000,000 Series A Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=432067b5-b9e1-4a99-82c4-6679984f1b38
Date
11/26/2014
Company Name
Roomer
Mailing Address
1501 Broadway 12th Floor New York, NY 10018 USA
Company Description
Roomer is the marketplace for travel, connecting travelers who are stuck with a nonrefundable hotel room with those looking for a last minute, discounted accommodation.
Website
http://www.roomertravel.com
Transaction Type
Venture Equity
Transaction Amount
$5,000,000
Transaction Round
Series A
Proceeds Purposes
The funding will be used for growth initiatives such as hiring, geographic expansion, development of new verticals, mobile development, improved business analytics and marketing.
M&A Terms
Venture Investor
Venture Investor