Worktopia, the direct online booking engine for meeting space in hotels, airport
lounges and other venues, 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.
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.
A service primarily designed for booking meetings of under 100 attendees, Worktopia is bringing the $24 billion small-meetings segment of the $165 billion U.S. meetings and event industry online.
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