Tencent led a nine-figure round valuing the hospitality software provider at $1.25bn as the industry’s digitalisation gathers pace.

Internet and gaming group Tencent led a funding round for Flipdish, the Ireland-based developer of a customer experience software platform, sized at approximately $100m today, highlighting the steady digitalisation of the hospitality industry. The round values the company at $1.25bn and the proceeds will be used to grow its presence globally as it looks to…

The rest of this content is only accessible to Global Corporate Venturing Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.