Concur makes its latest investment via its recently formed $150m Concur Perfect Trip Fund by leading a $9m B round into US-based data-driven pricing and merchandising Nor1.
Nasdaq-listed travel company Concur Technologies has led a $9m Series B round into Nor1 Inc, a provider of data-driven pricing and merchandising software to help hotels maximize revenue.
Nor1 will be integrated into Concur’s Perfect Trip initiative, a $150m fund launched earlier this month in which Concur looks to invest in companies which it can integrate with its own Concur Connect platform. The fund recently invested in Evature, a provider of natural-language search capabilities for online travel.
In addition to the…
