Room 77 Obtains $10,500,000 Series B Funding Round

  • Feed Type
  • 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
  • Venture Investor
    General Catalyst Partners
  • Venture Investor
    Par Capital Management
  • Venture Investor
    Sutter Hill Ventures
  • Venture Investor
    Felicis Ventures