HotelTonight Raises $45M to Expand Overseas

HotelTonight, maker of an app to help users with last-minute hotel bookings, has raised a $45 million Series D round that was led by Coatue Management. GGV Capital joined the round along with existing investors Battery Ventures, Accel Partners, U.S. Venture Partners and First Round Capital. The company has now raised $80.35 million since it was founded in 2011, including most recently a $23.5 million Series C round in June 2012.

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