LeisureLink™ Closes $9 Million Series C Venture Round
November 11, 2010LeisureLink, Inc.™, the leading distribution and revenue management platform for specialty lodging suppliers, today announced the successful closing of a $9.0 million venture financing round. All current investors participated in the round, including Clearstone Venture Partners, Mission Ventures, and Wyndham Exchange & Rentals, a member of the Wyndham Worldwide family of brands (NYSE: WYN).
“LeisureLink is experiencing tremendous growth since introducing our new Active Revenue Management (ARM) system. Our Series C funding allows us to continue to invest in our unique technology platform and further our sales efforts in the specialty lodging market,” said Erik Hovanec, President and Chief Executive Officer of LeisureLink. “Near term, our team of software, sales, and revenue management professionals will grow to serve the $20 billion specialty lodging market.”
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