Cloudbeds Scores $150 Million Funding Boost, Accelerating Innovation in Hospitality Technology

We are thrilled to announce that Cloudbeds, the hospitality industry's fastest-growing technology partner, has successfully raised $150 million in its latest funding round. Founded in 2012, Cloudbeds serves a global customer base of thousands of properties across 157 countries, transforming the way hospitality businesses operate. Our award-winning Cloudbeds Hospitality Platform seamlessly integrates operations, revenue, distribution, and growth marketing tools, alongside a marketplace filled with third-party integrations. This funding will allow us to continue our mission of empowering hoteliers and hosts by investing in innovative technologies and expanding our product capabilities. With the hospitality sector steadily recovering and evolving post-pandemic, the new capital will be crucial for accelerating our growth, scaling our team, and enhancing our offerings to meet the future demands of the market. Recognized as the No. 1 Property Management System and Hotel Management System by Hotel Tech Report in 2022, and having won accolades like Best PMS and Best Channel Manager from the World Travel Tech Awards in 2021, we are committed to delivering exceptional value to our clients. The funding further solidifies our position as a leader in hospitality technology and enables us to elevate guest experiences while helping properties maximize revenue and streamline operations. We look forward to advancing the future of hospitality with our clients and partners, as we aim to become the go-to platform for properties looking to enhance their operations and guest interactions. For more information, visit www.cloudbeds.com.