Canary Technologies: Raises $30M In Series B Funding

Canary Technologies Raises $30M In Series B Funding

  • Canary Technologies, a San Francisco, CA-based provider of a hotel tech stack, raised $30M in Series B funding
  • The round, which brings total fundraising to date to $45m, was led by Insight Partners, with participation from F-Prime Capital, Y-Combinator, Thayer Ventures, and Commerce Ventures
  • The company intends to use the funds to expand the team to keep up with customer demand globally, and enhance the platform’s solutions
  • CanaryTechnologies provides a hotel tech stack with a mobile web end-to-end Guest Management System and Digital Authorizations solutions
  • The company’s solutions are used by thousands of hotels in more than 75 countries and has partnered with notable global brands
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

India’s PhonePe Pauses IPO Amid Geopolitical Tensions

PhonePe's IPO delay highlights market uncertainties due to global issues.Highlights: PhonePe has postponed its IPO indefinitely.The decision stems...

Ramp Acquires Billhop to Expand into EU and UK Markets

Ramp aims for broader payment solutions and market reach through acquisition.Highlights: Ramp has acquired Billhop, focusing on expanding...

Chaseitai Launches AI Agents for Call Center Loan Servicing

New AI technology aims to enhance customer service in fintech.Highlights: Chaseitai introduces AI agents for call center support.New...

UK MPs Call for Royal Commission to Strengthen Financial Conduct Regulation

Parliamentarians emphasize the need for improved oversight in the financial sector.Highlights: UK MPs demand a Royal Commission to...