Recruit was among the participants as the hospitality software producer raised funding that will go to technology development.
US-based hospitality management software provider Cloudbeds has secured $82m in funding from investors including human resources provider Recruit.
Hedge fund Viking Global Investors led the round, which also featured growth equity firm PeakSpan Capital and venture capital firms Counterpart Ventures and Cultivation Capital.
Founded in 2012 and initially focused on Brazil, Cloudbeds has built a software suite that enables businesses in the hospitality sectors to automate front and back-office tasks covering areas like payments, reservations, finance management and communication with…
