Online booking platform Checkfront raises $1 mln in seed funding
Checkfront Inc, a provider of cloud-based online booking management solutions, has secured $1 million in seed-stage financing. The round was led by Rasool Rayani, the co-founder of Metalogix Software, and was joined by a number of angel investors and entrepreneurs. Checkfront, which has its headquarters in Victoria, British Columbia, said it will use deal proceeds to accelerate growth, pursue strategic partnerships, and expand its team. The company said it has processed over US$350 million in online bookings in the last twelve months, and has seen 100 percent revenue growth year-over-year since launching in 2010.
13 March 2015•3 mins read
