Worktopia-Direct Online Booking Engine-Got $5 Million in Series A Funding Led by DFJ Gotham Ventures

By admin at November 2, 2007 | 4:51 am | Print

What Company is offering:
Worktopia, the first direct online booking engine for meeting space in hotels, airport lounges and other venues.Worktopia enables companies to procure meeting space and office space when they want it, where they want it… On Demand.

How It Works:
At worktopia.com, visitors can search based on their specific requirements, compare live pricing proposals, and even book the workspace from our live database of availability…24/7. Our Service provides the tools you need, to save time and money while enhancing your options and increasing your team’s productivity.Worktopia is the first and only global reservation system for short term workspace, including meeting and training rooms as well as instant office space. A perfect procurement service for a distributed workforce. Our supply partners include over 1,800 hotels, conference centers, business centers and traditional office properties around the world.

How Much They Got From VCs:
They announced that it has completed a $5 million financing from a syndicate led by New York-based DFJ Gotham Ventures and including Milestone Venture Partners and High Peaks Venture Partners.

What’s The Purpose Of Raising Fund:
Worktopia will deploy the additional capital to drive expansion of its network of hotel partners, to build on its foundation of corporate travel distribution relationships and to extend its leadership position. Worktopia is the first service to allow meeting planners to search, compare and book meeting space, equipment and simple catering online in real-time, a $24 billion market that has until now been conducted over the telephone.
More at:http://www.worktopia.com/

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