Dublin-based meeting venue booking portal MeetingsBooker.com reports it has completed a €1m funding round. Global meetings industry experts Patrick Delaney and Padraic Gilligan are among the new investors in the company, and Gilligan has joined the board.
The company says it will use the new funding for international expansion, as well as developing its booking engine, investing in online advertising and rolling out an enterprise platform. There are also plans to create 25 new roles in customer support, marketing and IT.
MeetingsBooker.com offers access to 70,000 meeting rooms in 100 countries and claims it will facilitate 500,000 searches for conference and meeting venues around the world this year.
The company focuses on meetings with fewer than 100 attendees, which MeetingsBooker.com believes represents a market of more than €15bn in Europe. Clients are able to supply one-minute videos to showcase their conference space on the website. MeetingsBooker.com claims to have the largest collection of meeting-specific reviews of any meetings website in the world.
“We’re delighted with this investment round, not only for the financial support it will add to our marketing and technology plans but also the strategic expertise and experience it will bring to the company,” says the company’s founder CiarÃ?Â¡n Delaney.
MeetingsBooker.com’s investment was led by the AIB Start Up Accelerator Fund managed by ACT Venture Capital and includes funding from Enterprise Ireland and the Bank of Ireland Start-Up and Emerging Sectors Equity Fund managed by Delta Partners.
The founder and former Chairman of HostelWorld.com, Tom Kennedy and Paddy Holahan, are also among the investors along with Hostelworld.com’s CEO Feargal Mooney who will be joining the MeetingsBooker.com board.
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