BookingPal lands $12M round to boost vacation rental distribution platform
03/05/2019|2:08:31 PM|PhocusWire

Vacation rental technology specialist BookingPal has raised $12 million in funding.

The round was led by Valor Capital Group with Altabix and a “new strategic investor” also participating.

Existing investors Amadeus Ventures, PAR Capital Management, Plug and Play Ventures and Thayer Ventures were also involved in the round.

U.S.-based BookingPal now has over $20 million raised since its foundation in 2013.

The investment will go towards geographic expansion as well as the development of the company’s “advanced distribution technology and intelligent automation tools” according to a statement.

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