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HotelTonight, the mobile app/service that provides iPhone and Android users with deeply discounted same-day hotel deals, raised $9 million in Series B round of financing. The new money comes on the heels of the Series A round, when the company managed to raise $3.25.
Battery Ventures led the round while existing investors, Accel Partners and First Round Capital, also participated. Accel Partners will assume a seat on the board and Dave Morin will join as an advisor.
HotelTonight launched in January of this year and has been downloaded more than 1,000,000 times. Its service is available in 28 cities and will be in 35 markets by the end of the year, including Orange County, Portland, Salt Lake City and Santa Barbara. Unlike traditional online travel agencies, HotelTonight can offer deep discounts of up to 70% on same-day bookings by working with a select group of over 600 leading hotels. In less than 10 seconds, travelers can book exclusive handpicked deals…
HotelTonight (FREE) [iTunes link] [Android Market link]
About The Author
Dusan Belic
Dusan has been using smartphones since their introduction and is now following the latest trends in the industry. The "convergence" is what he's most excited about, and writing about it is the next logical thing to do. He thinks that using a smartphone is what everyone who cares about their time should do. In addition to his interests in mobile phones, Dusan also loves to experiment with the latest web and mobile 2.0 services. The idea of accessing and managing your information from any device no matter where you are simply amazes him. Whether it's an online to-do list, note taking service or a video sharing social network, he's there to try it out. He admits though, he's still searching for the ultimate web-based organizational tool, which "sings" perfectly with the mobile PIM application. Dusan used to run SymbianWatch.com which later became part of IntoMobile. He lives in Serbia, South-East Europe, from where he edits the site on a daily basis.
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