Further validation of a growing sector in the industry with Revinate capturing a healthy funding round in the form of $14.5 million from Benchmark Capital and Formation 8.
The reputation management platform for hotels launched three years ago from its base in the US and claims to have over 10,000 hotel and restaurant customers around the world.
The funding round, a Series A, also includes a contribution from Rich Barton (ex-Expedia) and will be used, the company says, to spearhead its growth outside on North America and product development.
Read full story at: http://www.tnooz.com/2012/07/25/news/revinate-grabs-14-5m-funding-round-travel-reputation-management-becomes-a-big-deal/
