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Articles tagged “software”

Travel Technology

Constellation Software Buys Distribution System Developer Peakwork

Constellation Software is clearly on an acquisition mission. Peakwork was the latest in its goal to claim a bigger hold on the travel industry.

Justin Dawes | 1 year ago

Constellation Software Buys Distribution System Developer Peakwork

Travel Technology

Mews Triples North America Hotel Tech Business With 6th Acquisition 

The founder of Mews said late last year that there were more acquisitions in the pipeline. Here's the first since then, with no signs that it will be the last.

Justin Dawes | 1 year ago

Mews Triples North America Hotel Tech Business With 6th Acquisition 

Travel Technology

Why Travel Tech Startup Heygo Closed a Year After Raising $20 Million

A consumer platform for virtual travel was probably doomed no matter what. But its founder tried, grieved the loss, and is now moving on with a pocketful of lessons and his head held high.

Justin Dawes | 1 year ago

Why Travel Tech Startup Heygo Closed a Year After Raising $20 Million

Mergers and Acquisitions

Cloudbeds CEO on the Travel Startup Funding and M&A Environment

Listen in for a great perspective on what it means for travel tech startups to be raising funding in this macro environment, valuations, deal structure, thinking through growth and exit options, and insights on what fellow founders should know.

Rafat Ali | 1 year ago

Cloudbeds CEO on the Travel Startup Funding and M&A Environment

Startups

Bach Raises $9 Million for Bachelorette Party Booking Platform

Bach is curating trips for bachelorette parties, while seven Airbnb veterans decided to start Landfolk and do their own thing in Denmark.

Justin Dawes | 1 year ago

Bach Raises $9 Million for Bachelorette Party Booking Platform

Online Travel

Expedia Joins Companies Pushing Back on ChatGPT Hype

It is fun to speculate about what generative AI could mean for travel, but the online travel agencies are collectively telling us to chill with the hype for the time being.

Justin Dawes | 1 year ago

Expedia Joins Companies Pushing Back on ChatGPT Hype

News Blog

Travelsoft Acquires Travel Compositor to Expand Booking Software Services

Travelsoft, a company that offers software products focused on travel bookings, has added a third brand to its portfolio. The Paris-based company said Monday that it acquired Spain-based Travel Compositor, a provider of travel booking engines, for an undisclosed price.  Travel Compositor said its platforms handle €1 billion ($1.1 billion) worth of bookings annually and…

Justin Dawes | 1 year ago

Startups

PteroDynamics Raises $7.5 Million for Aircraft With Folding Wings

PteroDynamics wants to enter the commercial market with a novel vertical takeoff and landing aircraft that has folding wings.

Justin Dawes | 1 year ago

PteroDynamics Raises $7.5 Million for Aircraft With Folding Wings

News Blog

Mondee Doubled Revenue and Net Loss in Its Year Going Public

Mondee has been going through a lot of changes over the last year, and the numbers shared during its latest earnings call reflect that. Mondee more than doubled annual gross revenue in 2022 to $2.2 billion. The company also had a net loss of $87 million in 2022, compared with $39 million in 2021, because…

Justin Dawes | 1 year ago

Startups

Unyoked Raises $19 Million for Off-Grid Cabin Rental Platform

Unyoked wants companies to offers its off-grid cabin rentals as an employee benefit, and AeroCloud wants to help small airports modernize operations.

Justin Dawes | 1 year ago

Unyoked Raises $19 Million for Off-Grid Cabin Rental Platform