ATLANTA | Hotel Booking Solutions Incorporated (HBSi), a B2B travel technology and services firm that enables hotel and eTravel distribution companies to integrate their technologies and manage inventory distribution through connectivity and sophisticated Channel Management tools, announced today that is has received an additional $3 million investment from Crosslink Capital.
HBSi plans to utilize the funding to focus operationally on implementing the existing customer base of leading North American hotels and strategically grow the business with new hospitality clients and eTravel distributors.
About Crosslink Capital | Since 1989, Crosslink Capital has invested in growth equities through venture capital, hedge funds and crossover funds, and today manages over $1 billion. Currently its venture investing activities are focused in core technology/ semiconductors, software and services. Crosslink invests in very early, seed stage financings all the way through later-stage private opportunities and into the public market. This strategy allows Crosslink to remain a long-term partner to its portfolio companies. Crosslink Capital was the first venture capital firm in the U.S. to integrate public and private technology investing. To learn more about Crosslink Capital visit
www.crosslinkcapital.com.
About Hotel Booking Solutions Incorporated | Hotel Booking Solutions Incorporated (HBSi), credited with introducing Demand Management to the global travel industry, offers technologies and services that bring order and simplicity to sales distribution, enabling travel companies to unlock their full revenue potential. HBSi’s hotel customers include Fairmont, Harrah’s, Hyatt, InterContinental Hotels Group, Intrawest, ResortQuest Hawaii, Sandals, and LeisureLink. For more information, visit
www.hotelbookingsolutions.com.
2008 December HEDNA Conference
