Fornova Raises $17M in Series B Round from Deutsche Telekom Capital Partners (DTCP), Waypoint Capital and JAL Ventures to Accelerate Adoption of Its I

Fornova | May 2, 2017

Bringing Dynamic Distribution to the Hotel Industry LONDON and NEW YORK, May 2, 2017 – Fornova today announced the closing of a $17M series B financing round to further accelerate the growth of its disruptive market intelligence and market visibility solutions for hotels worldwide. The Series B round was led by Deutsche Telekom Capital Partners (DTCP), with participation from Waypoint Capital and existing investor JAL Ventures. In a worldwide hotel market encompassing hundreds of thousands of hotels and millions of rooms, Fornova's early-stage growth trajectory has been impressive. More than 13,000 hotels have already adopted its ...