After Acquiring Topguest, Travel Rewards Redemption Company Switchfly Raises $15M

Travel rewards redemption company Switchfly (formerly ezRez) has raised $15 million in Series C financing led by StarVest Partners with Azure Capital Partners and Canaan Partners participating. This brings the total capital raised by Switchfly to date to $32 million. Switchfly is a software company that develops white-label travel commerce and loyalty redemption platforms and a loyalty payments engine for digital wallets. Founded in 2003, Switchfly works behind the scenes with more than 300,000 travel suppliers, loyalty programs and payment providers globally, including AirAsia, American Airlines, United Airlines, Starwood Hotels, Intercontinental Hotels, JetBlue, American Express and PayPal. The company estimates that $750 million in travel transactions spanning 100 countries are processed through this travel platform annually.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/HC6es_3jwsk/

rudolph the red nosed reindeer rudolph the red nosed reindeer adam carolla desean jackson rick neuheisel rick neuheisel andrea bocelli