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.