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Hotel Engine Finds $16M
Denver-based
Hotel Engine
, a startup which develops a hotel booking and management platform for business travel, has raised $16M in a Series A funding round, according to the company. The funding came from Telescope Partners. According to the company, the funding values the company at over $150M. The funding is actually the company's first external funding, after having been bootstrapped for the last four years. Hotel Engine is led by founder and CEO Elia Wallen. The company said the new funds will go toward development of new product features and functionality.
posted on Monday, September 9, 2019
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