LeisureLink, Inc., a Pasadena, CA-based distribution and revenue management platform for specialty lodging suppliers, has closed a $9.0m Series C 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.
The funding allows the company to continue to invest in its technology platform and increase sales efforts in the specialty lodging market.
According to Erik Hovanec, President and CEO of LeisureLink, the company will add software, sales, and revenue management professionals.
LeisureLink Major Market Access™ enables property management companies to market and distribute their vacation lodging products across thousands of travel Web sites, travel agents and other distribution channels. It is used by over 1,500 vacation rentals properties, timeshare resorts, condohotels and boutique resorts throughout North America and Europe through LeisureLink.