VAC
VAC
VAC
Leisure Opportunities
Job search
Job Search
see all jobs
Latest job opportunities

Booker eyes new industries and mobile expansion after US$35m investment

Software company Booker has secured US$35m (€31.2m, £22.7m) in its latest funding round – welcoming four new investors.

Speaking to Spa Opportunities, CEO Josh McCarter said the funding would be used in three major areas. In line with its recent expansion and name change from SpaBooker to Booker, the company is aiming to support more service-based industries in addition to its traditional focus on health and wellness.

Continuing another recent trend, Booker is also planning to invest heavily in mobile, with McCarter citing the planned implementation of features and services specifically designed to help grow revenues. A third area of focus will be driving more sales of Booker’s software.

Among the new investors, Florida-based private equity firm Medina Capital will be the largest. McCarter highlighted the “relevant skillset” of the company, whose founders notably sold Terremark to Verizon for US$2bn (€1.78bn, £1.3bn) in 2011.

Salt Lake City-headquartered Signal Peak, a venture capital firm which invests in companies that offer technology to small and medium businesses, and Chicago-based investment firm Jump Capital have also invested in Booker.

As well as financial investment, McCarter noted that the new deal also included significant strategic investment. Payment transaction processing company First Data, the fourth and final new investor, fits into this category.

The Atlanta-based company processes US$1.5tn (€1.34tn, £973bn) worth of transactions per year, with operations in 35 countries. Its point of sale solution, Clover, is a “huge success”, according to McCarter, but is a retail rather than a service-based system. Therefore, integration with Booker’s service-based platform has the potential to “drive more value into their clients’ businesses”.

McCarter said there would be further announcements related to the funding deal in the coming weeks.

Sign up for FREE ezines, news alerts & magazines
Related news

Spabooker signs deals with Yelp and MapQuest

11 Apr 2014
Spa management software company Spabooker has announced two new strategic tie-ups with Yelp and MapQuest ...
Software company Booker has secured US$35m (€31.2m, £22.7m) in its latest funding round – welcoming four new investors.
SAB,SWC
914921_248914.jpg

More Product news

1 - 15 of 6,153
Microbiome-focused Esse Skincare has upgraded its Probiotic Serum formula with a fourth live probiotic species.  The new species, Bacillus coagulans, is said to enhance the ... More
Organic seaweed spa brand Voya has developed a lightweight scalp serum called Resurge Hair and Scalp Elixir. The product is designed to target signs of ... More
Templespa* has developed a memory gel serum called Glass Act that is designed to cool, comfort and revive the delicate skin found around the eyes. ... More
Modern apothecary skincare brand Sweet Bee Organics has entered the spa market with its first treatment at the hotel and members’ club The Ned London, ... More
Nutri-cosmeceutical beauty brand OSKIA has unveiled an eye cream called Midnight Eye Q, which has been designed to regenerate the delicate skin in alignment with ... More
Biotechnology-driven skincare company, Epicutis, has launched two new products in its mission to deliver long-term skin health, barrier recovery and microbiome harmony.  Epicutis is a ... More
Swiss cellular skincare and spa brand, Cellcosmet, has released its Hydra-Soothing Mask to meet what it sees as a rise in demand for sensitive and ... More
Aromatherapy Associates has developed an aromatherapy ritual using its Calm Confidence blend, designed to ease inner tension and support emotional balance. The Calm Confidence range ... More
Europe-wide distributor of non-invasive aesthetic technologies, Landsberg First Class Aesthetic, launches EXO Regentron Eyecontour device by Thermoceutical. In order to address the treatment of the ... More
Germaine de Capuccini has created a professional spa and beauty treatment using its new Timexpert Skinreset skincare collection. The new range is inspired by bioenergetic ... More
What does a premium body composition experience actually look like? It starts with the measurement itself. The new the new  MC-800 sits at the intersection of ... More
Professional spa and skincare brand company Wildsmith Skin has created a new wellbeing ideator role, to meet an increasing demand for touchless wellness programming from ... More
Wrap Up by VP, the US-based spa wraps and resort wear brand, has released its Spring 2026 Collection in a variety of new fabrics and ... More
Italian skincare brand Borghese has launched its Fango Purificante Mud Mask for Face and Body, for use in a five-minute treatment designed to purify and ... More
Gharieni Group has launched a new company, Cobotics Innovations, to create automated wellness experiences. The first solution is a robotic treatment system that is part ... More
1 - 15 of 6,153
VAC
VAC