Concur and Shiji Group have helped the hotel property management system developer complete a series A round that will support Asian expansion.
US-based hotel technology producer StayNTouch has closed a $9.5m series A round co-led by business travel management system operator Concur and Shiji, a Hong Kong-based supplier of IT services to the leisure industry.
Concur participated through its Perfect Trip Fund, and the round also included venture capital firm Triangle Peak Partners, Stanford University and startup accelerator Acceleprise.
StayNTouch’s cloud-based property management systems streamline staff operations and enable guests to use their smartphone to check in or out, view their room…
