TripActions, a Palo Alto, CA-based corporate travel solutions platform, raised $51m in Series B financing.
The round was led by Lightspeed Venture Partners with participation from Zeev Ventures.
The company intends to use the funds to continue to build out its technology platform and invest in strengthening operations globally.
Founded in 2015 by Ariel Cohen and Ilan Twig, TripActions provides a corporate travel platform with a wide selection of inventory, booking & trip management tools, and proactive 24/7 support. Travelers are rewarded for booking cost-effectively with the TripActions Rewards Program and customers receive full visibility into their travel spend savings.