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Based in Singapore B Capital led a $ 9 million Series A financing round for Journera, a Chicago-based travel software start-up, announced in a news release
. Horowitz, Pritzker Group Venture Capital and Boston Consulting Group (BCG).
Journera offers a software platform that creates a unified view of a traveler's journey in real time by bringing together airlines, hotels and car rental companies in one location. It also has a data publishing and authorization architecture that allows travel-related companies and application developers to create new travel experiences, implement and manage their business. improve partnerships faster and better manage their data. The goal of a flawless experiment was limited by the fragmentation of the industry and the limits of tailor-made relationships between the companies in the travel ecosystem. By building a platform with the latest technology, advanced security protocols and a unique authorization control architecture, Journera will help the industry to provide the integrated experiences demanded by its customers, "said CEO from Journera, Jeffrey Katz. serve to grow the company's technology and business development teams and fuel the scaling up of its platform as the company begins to increase the number of publishers and subscribers [19659002] "The quality of the founding team, investors and customers of Journera experience of the management team in travel and technology, as well as the reputation of the platform that they have developed, "said Raj Ganguly, co-founder of B Capital. "We are excited to be part of what we believe to be a transformational technology for the travel industry."
Journera was launched in 2016 by founders BCG and Jeffrey G. Katz, former Founding President, President and CEO. CEO of Orbitz Worldwide President of SABER & # 39; s Travel Information Network and CEO of Swissair.
The company's early investors were American Airlines, BCG, Hilton, InterContinental Hotels Group, Marriott International, United Airlines and a subsidiary of Hyatt Hotels Corporation. Signing of its first six major commercial agreements for the use of its platform with American Airlines, Hilton, InterContinental Hotels Group, Marriott International, United Airlines and a subsidiary of Hyatt Hotels Corporation.
Journera becomes the first travel technology company to be added to B Capital's portfolio. The Global Technology Fund had previously invested in start-ups in the healthcare industry, including CXA Group and Bright.md.
B Capital recently ran a $ 22 million B series for Smartpaddle Technology Pvt Ltd, which operates Bizongo's B2B technology platform.
See also:
Bizongo B2B packaging market raises $ 22 million led by B Capital
] B Capital Leads Financing in the Atomwise Atomwise Firm, Fishbrain Fishing Application
KKday Online Travel Start raises funding for 39; Alibaba Entrepreneurs Fund
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