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SiteMinder secures $5.1M investment package, plots global spread

05/10/2012| 7:53:09 AM| 中文

Australia-based hotel distribution switch SiteMinder is targeting international expansion with the proceeds of a AUS $5 million (US$5.1 million) investment round.

Australia-based hotel distribution switch SiteMinder is targeting international expansion with the proceeds of a AUS $5 million (US$5.1 million) investment round. 

Backing SiteMinder in the round is Bailador Investment Management. The investment was coordinated by Growth Equity Partners, also based in Australia. 

SiteMinder says the capital will be used to spearhead its plans to grow the business in Europe, the Americas and elsewhere in Asia.

Read full story at: http://www.tnooz.com/2012/05/08/news/siteminder-secures-5-1m-investment-package-plots-global-spread/

TAGS: SiteMinder | hotel distribution | funding
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