Hotel-Booking Startup Roomer Raises $5 Million in Funding


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Beyond the trust issue, Roomer's challenge is to publicize the service, scale it and to provide meaningful discounts off published rates in myriad markets on an everyday basis.
Roomer, a hotel-booking site that enables travelers to sell nonrefundable-hotel reservations they no longer want to other travelers at a discount, picked up $5 million in a Series A round. Founded in 2011, Roomer has to prove to buyers that they can nab substantial discounts and when they arrive at the hotel everything will be in order with their reservation. Co-founder an