BookingTek, a London, UK-based provider of direct-booking software to major hotel groups, raised £2.2m in growth funding.
Mobeus Equity Partners made the investment. In conjunction with the funding, Trevor Hope, Mobeus Partner, will be joining the BookingTek board.
The company intends to use the funds to expand the team, broaden its international presence and facilitate development of future products.
Founded in 2011 by Matthew Stubbs, CEO, BookingTek provides hotels with an enterprise-grade, real-time booking platform to reduce their reliance on third-party booking systems for meeting room and restaurant reservations.
The platform incorporates PCI payment processing that enables hotels to make their products viewable, bookable and payable all on their own website and encourage guests to book directly rather than through third parties.
The company’s Meetings Maker product integrates Oracle MICROS’ Opera Web Services for Sales & Catering, the leading hotel property management (PMS) software world-wide.
Existing clients include two of the world’s top 10 hotel groups and the UK’s largest hotel group.