Room77 Gets Investment From Concur

Sunnyvale-based Room77, an online hotel shopping service, has scored another investment from travel and expense management software firm Concur. Financial details of the investment have not been announced. The investment was disclosed through Concur's quarterly reports on Thursday. Concur did not provide any other details of the investment, only saying that it had invested in Room 77 during the quarter. Room 77 had announced a funding round in June of 2011, which included Felicis Ventures General Catalyst Partners, PAR Capital Management, Sutter Hill Ventures, Rich Barton, and Erik Blachford. More information »