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Concur steps closer to Perfect Trip, reveals further investments

07/28/2013| 9:32:40 PM| 中文

Concur has revealed a raft of new investments which are part of its $150m Perfect Trip fund.

On Tuesday, Yapta announced it had received $4.2m in a funding round led by Concur with the company today announcing it is leading a $2.5m series one funding of image-based mobile application and website Trover and a $1.6m seed round for StayNTouch, a cloud-based technology for hotels.

Travel and expense management specialist Concur began its Perfect Trip quest last November with a $2m investment in voice technology specialist Evature. The company has also invested in Nor1, Buuteeq, Room 77 and ClearTrip, not to mention its $82m acquisition of TripIt in January 2011.

Concur has previously invested in Yapta to the tune of $5m back in July 2011.

Read full story at:http://www.tnooz.com/2013/07/25/news/concur-steps-closer-to-perfect-trip-reveals-further-investments/#7XfUIHOIF8yvdeMt.99 

TAGS: Concur | Funding | Acquisition
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