The hospitality software developer pushed its overall funding past $250m in a series D round led by SoftBank Vision Fund 2.

Internet and technology group SoftBank led a $150m series D round for US-based hospitality management software provider Cloudbeds yesterday through its Vision Fund 2 vehicle.

Echo Street Capital Management, Walleye Capital, Viking Global Investors, PeakSpan Capital and Counterpart Ventures also contributed to the round, which the company said lifted its overall funding to $253m.

Cloudbeds has built a cloud platform which helps hospitality providers organise their businesses, integrating tools covering operations, revenue and marketing in a single place.

The software…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.
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