kigo
358 days ago
 

Kigo rental technology service secures $1.8 million funding round, plots expansion to Asia

Back-end systems in the vacation rental sector are also on the receiving end of investment, as Spain-based Kigo wins a $1.8 million Series A injection this week.

The US company, which has its headquarters in Barcelona, secured the fund from Creathor Venture, a German investment company which also counts the likes of Roombeats and Viewster on its portfolio.

Kigo produces a number of services for vacation rental organisations including reservations systems, a channel manager and consumer-facing web platforms.

A string of companies are already using the channel manager system, the company says, with HomeAway and Airbnb named as portal partners.

After its initial launch in Europe and North America (it also has offices in Paris and Philadelphia), Kigo says it is looking to the east and is launching a subsidiary in Singapore this week.

 
 
Kevin May

About the Writer :: Kevin May

Kevin May is editor and a co-founder of Tnooz. He was previously editor of UK-based magazine Travolution for nearly four years and web editor of Media Week UK from 2003 to 2005.

He has also worked in regional newspapers (Essex Enquirer) and started his career in journalism at the Police Gazette at New Scotland Yard in London. He has a degree in criminology and a postgraduate diploma in magazine journalism.

 

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  1. John Monteiro

    Looks as if this v/r business is coming full circle and will be in the hands of the riches 1%. I knew we would have to answer to the big boys sooner or later. All good things must come to an end.

     
 
 

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