Cloudbeds Raises $150M In Funding To Support Rapid Company Growth
11/04/21, 10:15 AM
Location
san diegoMoney raised
$150 million
Cloudbeds, the hospitality industry's fastest-growing technology provider, announced it has raised a $150 million Series D round from new and existing investors as it continues growing its team, accelerating customer acquisition, expanding its product offerings, and investing heavily in delivering best-in-class technology to the industry. The funding was led by new investor SoftBank Vision Fund 2, joined by Echo Street, Walleye Capital, and returning investors Viking Global Investors, PeakSpan Capital, and Counterpart Ventures. The Series D round brings the company's total venture funding to $253 million.
Company Info
Location
san diego, california, united states
Additional Info
Founded in 2012, Cloudbeds is the hospitality industry's fastest-growing technology provider, serving global customers of 22,000+ independent properties across 157 countries. Its award-winning Cloudbeds Hospitality Platform seamlessly combines operations, revenue, distribution, and growth marketing tools with a marketplace of third-party integrations to help hoteliers and hosts grow revenue, streamline operations, and deliver memorable guest experiences. Cloudbeds was named No. 1 PMS, No. 1 Booking Engine, and Hoteliers Choice by Hotel Tech Report in 2021, and has been recognized by Deloitte's Technology Fast 500 in 2021 and Inc. 500 in 2019. For more information, visit www.cloudbeds.com.