Wednesday, October 3, 2012

Buuteeq Gets $10M For Hotel Marketing Software

Buuteeq, which develops digital marketing software for hotels, has just booked a $10M investment, the firm said this morning. The Seattle firm said the funding was co-led by Madrona Venture Group and Concur, the travel and expense management software firm which is also here in SEattle. The firm said the new round brings its total raised to $17M. Buuteeq said that Tim Porter of Madrona and Steve Singh of Concur have joined its board as part of the funding. Buuteeq said the funding will go towards accelerating growth and innovation at the company. Buuteeq's products are used by hotels to market themselves online, including establishing web sites, supporting mobile devices, plus handling reservations. Buuteeq is led by Forest Key. More information »