Xola raises $6 million for activity technology push
Tours and activities software provider Xola has secured a $ 6 million capital-raise, according to a financial filing in the US.
Backers of the company have not been named in the registration document that was sent to the Securities and Exchange Commission.
The company declined to share any further details about the investment as it is currently coordinating some new marketing activity.
The investment comes two years to the day since Xola won an angel round of $ 1.8 million from Bee Partners, WI Harper Group, TEEC Angel Fund and others.
US-based Xola creates booking and reservation systems for operators, with both desktop and mobile-based tools that run on levels ranging from basic to enterprise level (15,000+ bookings/year) requirements.
The company was launched in the summer of 2012, following a period working with the StartX accelerator project.
Xola’s investment comes three months after rival provider Australia-based Rezdy secured a $ 3 million deal with Bailador Technology Investments and fellow California resident Zozi took a sizeable round of $ 30 million from the likes of Virgin supremo Richard Branson.
Rezdy competitor Booking Boss also took $ 3 million in June last year.http://www.hotelglobe.net/xola-raises-6-million-for-activity-technology-push/Best Hotels