Prior to this news, the startup had 100 hotels in 17 countries as customers.
Beyond boosting rates
Up next? There's something CEO Patrick Bosworth hasn't talked much about in public: how his startup has larger ambitions than just helping hotels take the guesswork out of pricing.
In an interview with Tnooz, Bosworth says he has been disappointed that journalists have boiled down his company's premise to encouraging hotels to raise their rates:
"That's one slice of our business. But we have more products coming to market than that."