Duetto, a San Francisco, CA-based software company serving the hotel industry, closed an $80m Series D financing.
The round was led by funds affiliated with Warburg Pincus.
Founded in 2012 and led by Chief Technology Officer Craig Weissman, Chief Marketing & Strategy Officer Marco Benvenuti and CEO Patrick Bosworth, Duetto provides a software-as-a-service (SaaS) application, GameChanger, which brought machine learning, new consumer-centric data and Open Pricing to enable hotel companies to price all distribution channels, customer segments, room types and stay dates in real time.
The company’s intelligent reporting application ScoreBoard forecasts and analyzes performance, delivering key insights to stakeholders across the organization. BlockBuster brings Open Pricing to contracted group business and enhances collaboration between the sales and revenue management teams. PlayMaker is an application to personalize the booking experience in real time and customize merchandising content and offers for known and unknown guests.
Duetto, which has offices in Las Vegas, Cleveland, London and Singapore, serves more than 2,500 hotels and casinos in more than 60 countries.
It is also backed by Icon Ventures, Accel Partners, Battery Ventures and Spectrum 28.