Cloudbeds raises $150 mn led by investor SoftBank

Cloudbeds, a technology provider for the hospitality industry, has raised $150 million in a Series D round from new and existing investors.
Dollar spending on technology
The funding was led by new investor SoftBank Vision Fund 2, joined by Echo Street, Walleye Capital, and returning investors Viking Global Investors, PeakSpan Capital, and Counterpart Ventures.

Cloudbeds has raised $253 million to date.

Cloudbeds aims to solidify its reputation as the leading hospitality management software solution and technology partner for lodging businesses, including independent hotels, hostels, vacation rentals, and hotel groups.

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