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Rainmaker Group receives $33.8 million equity investment, will expand SaaS hospitality platform

11/01/2012| 9:24:56 AM| 中文

The Rainmaker Group announced that it has received a $33.8 million equity investment from Norwest Venture Partners (NVP), a leading multi-stage investment firm.

The Rainmaker Group, the seller of revenue management software for hospitality and other industries, announced today that it has received a $33.8 million equity investment from Norwest Venture Partners (NVP), a leading multi-stage investment firm.

Rainmaker specializes in analytics solutions for revenue management, using the Software-as-a-Service (SaaS) model. NVP’s Jon Kossow and David Su have joined Rainmaker’s board of directors.

Rainmaker’s portfolio includes Atlantis, The Palm Dubai, Caesars Entertainment, MGM Resorts International, Omni Hotels & Resorts, and Wynn Las Vegas.

Read full story at: http://www.tnooz.com/2012/10/30/news/rainmaker-group-receives-33-8-million-equity-investment-will-expand-saas-hospitality-platform/

TAGS: Rainmaker | revenue management | funding
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