Operto Guest Technologies, a property automation system for vacation rentals, hotels, and serviced apartments, disclosed that last year it raised about $2 million in funding from angel investors, led by Darren Huston, the former CEO of Booking Holdings, who now runs BlackPines Capital Partners.
The Vancouver-based startup, which has 15 employees, automates guest entry by programming unique codes for every reservation onto keypad locks. Its other tools monitor noise, occupancy, air quality, and thermostat control. The company has debuted a new dashboard for workers to use. In the next three months, Operto will add integrations with leading hotel property management systems.
Skift Cheat Sheet:
We define a startup as a company formed to test and build a repeatable and scalable business model. Few companies meet that definition. The rare ones that do often attract venture capital. Their funding rounds come in waves.
Seed capital is money used to start a business, often led by angel investors and friends or family.
Series A financing is typically drawn from venture capitalists. The round aims to help a startup’s founders make sure that their product is something that customers truly want to buy.
Read Full Article @ https://skift.com/2019/02/08/2nd-address-raises-10-million-for-rental-bookings-travel-startup-funding-this-week/
