Hotelicopter wins new funding round to push distribution platform
Hotelicopter wins a further $1.5 million in funding, helping finance further development of its hotel distribution technology platform.
More money in the coffers for hotel search and booking platform Hotelicopter after securing a further $1.5 million in funding, bringing its total so far to $5 million.
The latest injection of funds is once again being led by angel investor Trip Davis, non-executive chairman of TRX (Hotelicopter has a hotel distribution deal with TRX), and a number of other unnamed investors.
Hotelicopter CEO Adam Healey says the new round will help finance further development of its hotel distribution technology platform, a system which currently carries live rates, availability and other content from around 160,000 properties around the world.