Jun 6, 2012

With More Than 2M Downloads, HotelTonight Raises Another $23M From US Venture Partners
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Last-minute hotel booking startup HotelTonight just announced that it raised a $23 million Series C round led by U.S. Venture Partners (USVP). The financing includes existing investors Accel Partners, Battery Ventures, and First Round Capital. In addition to the funding, HotelTongiht will be adding USVP general partner Rick Lewis to its board of directors.

HotelTonight has rolled out a number of mobile apps for iPhone, iPad, and Android, which allow users to find low-priced, last-minute hotel accommodations on the fly. That lets hotels sell unsold inventory, and gives users cheap options at high-quality locations in more than 40 cities in the U.S. It’s gained some decent user traction for its free-to-download apps, with 2 million downloads to date.
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Tom George

Founder and CEO of Internet Billboards. A futurist and serial entrepreneur, as well as a professional fitness trainer, martial artist, and business strategist. Helped to develop inbound advertising. An avid content curator who enjoys finding those digital gems out there in cyberspace and sharing them with others.
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Tom George

Founder and CEO of Internet Billboards. A futurist and serial entrepreneur, as well as a professional fitness trainer, martial artist, and business strategist. Helped to develop inbound advertising. An avid content curator who enjoys finding those digital gems out there in cyberspace and sharing them with others.

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