Tech Company Financing Transactions

Fornova Funding Round

Deutsche Telekom AG, JAL Ventures and Waypoint Capital participated in a $17 million Series B capital raise for Fornova. This venture round was announced on 5/3/2017.

Transaction Overview

Company Name
Announced On
5/3/2017
Transaction Type
Venture Equity
Amount
$17,000,000
Round
Series B
Investors

Deutsche Telekom AG (Lead Investor) (Thomas Preuss)

JAL Ventures (Joshua Levinberg)

Waypoint Capital (Frederic Wohlwend)

Proceeds Purpose
Fornova will use the new investment to grow sales, marketing and productization worldwide, and make its data even more actionable -- helping hotels optimize brand visibility online, efficiently drive traffic to brand.com websites, improve occupancy and close more bookings.

Company Information

Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
1460 Bdwy. 8001
New York, NY 10036
USA
Email Address
Overview
Founded in 2010, Fornova now has over 100 employees across our London, New York, Israel, Amsterdam, and Ukraine offices. Our Supernova platform reaches more than 15,000 hotels all over the world. The technology provides hotels the industry's most powerful tool to monitor and manage online price integrity, visibility, and rankings.
Profile
Fornova LinkedIn Company Profile
Social Media
Fornova Company Twitter Account
Company News
Fornova News
Facebook
Fornova on Facebook
YouTube
Fornova on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Dori Stein
  Dori Stein LinkedIn Profile  Dori Stein Twitter Account  Dori Stein News  Dori Stein on Facebook
Chief Financial Officer
Einav Netzer
  Einav Netzer LinkedIn Profile  Einav Netzer Twitter Account  Einav Netzer News  Einav Netzer on Facebook
Chief Scientific Officer
Dima Babitsky
  Dima Babitsky LinkedIn Profile  Dima Babitsky Twitter Account  Dima Babitsky News  Dima Babitsky on Facebook
Chief Technical Officer
Michael Rubanovich
  Michael Rubanovich LinkedIn Profile  Michael Rubanovich Twitter Account  Michael Rubanovich News  Michael Rubanovich on Facebook
VP - Customer Service
Yoram Dagan
  Yoram Dagan LinkedIn Profile  Yoram Dagan Twitter Account  Yoram Dagan News  Yoram Dagan on Facebook
VP - Human Resources
Hagit Efrati
  Hagit Efrati LinkedIn Profile  Hagit Efrati Twitter Account  Hagit Efrati News  Hagit Efrati on Facebook
VP - Sales
Nir Dupler
  Nir Dupler LinkedIn Profile  Nir Dupler Twitter Account  Nir Dupler News  Nir Dupler on Facebook


 

 

Browse more venture capital transactions:

Prev: 5/3/2017: Morty venture capital transaction
Next: 5/3/2017: Advanced Cardiac Therapeutics venture capital transaction

 

Share this article

 


News on VC Transactions

We report on tech company VC transactions. VC transactions reported here are derived from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary