Buuteeq Raises $10 Million to Expand Marketing Services for Hotels

Buuteeq has raised $10 million in venture capital to help hotels of all sizes market to guests across online, mobile and social. The round was co-led by Madrona Venture Group and by Concur, an expense-management software company. Since launching in January 2011, Seattle-based Buuteeq has signed up 4,000 hotels, and now plans to expand to Asia and Western Europe. In total, the company has raised $17 million.


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work