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Archive for June, 2007

Travel Web Service GuestCentric Raises Seed

Tuesday, June 5th, 2007

alarmclock Travel Web Service GuestCentric Raises Seed

Travel Intelligence, Go Voyage, GuestCentric makes it a triple – 3 travel startup deals today.

GuestCentric Systems, which has build web services for travelers and the travel industry, says it has done a $1.25M round of seed financing led by ASK Venture Partners and participated by Change Partners. (read the article)

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GuestCentric raises $1.25 million in seed round

Tuesday, June 5th, 2007

Stamford, CT – June 5, 2007 – GuestCentric Systems, an early-stage startup that develops web services for travelers and the travel industry, today announced it has completed a $1.25 million round of seed financing led by ASK Venture Partners and participated by Change Partners.

As part of the financing ASK’s Nuno F. Thomaz joins the company’s board of directors, and Joao R. Costa, CEO of hosting provider eChiron was elected for the vacant independent seat on the board.

“GuestCentric is leading the charge to solve one of the travel industry’s biggest and most complex challenges: how can hundreds of thousands of small and medium businesses capitalize on direct customer interaction through the Internet and mobile channels,” said Nuno F. Thomaz, Executive Board Member at ASK. “We want ASK to be at the forefront of this global opportunity.”

GuestCentric was founded to address the structural change that the travel industry is going through in terms of customer acquisition, online distribution, and marketing and promotion, also known as Travel 2.0. The company will use the capital to accelerate its product development and strategic alliance efforts.

“Rapid growth in the hosting market is constrained only by the availability of leading edge applications that change the way customers do business,” said Joao Costa, CEO at eChiron. “GuestCentric’s web services combine killer features with the high-efficiency and reliability model of hosted applications: this will be the winning model for the small and medium business target segment.”

“We are excited to welcome Nuno Thomaz and Joao Costa as members of our board of directors, ” said Pedro Colaco, President and CEO of GuestCentric Systems. “Their combined experience in providing capital and guidance to young companies is invaluable, and we look forward to their assistance during this phase of growth.”

About GuestCentric Systems

GuestCentric Systems is an early stage start-up that was founded in October 2006 with the mission of developing web services that revolutionize the way the travel industry works. For more information on GuestCentric, visit http://www.guestcentric.com

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GuestCentric appoints industry leaders to Advisory Board

Tuesday, June 5th, 2007

Stamford, CT – June 5, 2007 – GuestCentric Systems, an early-stage startup that develops web services for travelers and the travel industry, today announced the creation of an Advisory Board of industry leaders who have agreed to provide GuestCentric with advice on a regular basis.

Comprised of opinion leaders in their respective fields, the new Advisory Board will provide GuestCentric’s management team with their expertise and consultation in several areas, including technology, product development, large-scale Internet operations, and travel-related online marketing and sales. Their abilities, experience, and knowledge were selected to bring maximum return to the GuestCentric project.

The Advisory Board members include:

- Aref Matin, Vice President of Carrier and System Software at RealNetworks
- Francisco P. Silva, Board Member at the European Hotel Managers Association
- John Katsaros, Principal at Internet Research Group
- Peter Christy , Principal at Internet Research Group
- Talmon Marco, co-Founder and President of imesh, inc

To view complete bios, please visit http://www.guestcentric.com

“We are extremely fortunate to have such amazing and talented individuals extend the GuestCentric team. We look forward to working with the Advisory Board, and taking advantage of their skills and knowledge in many different areas, to craft the long-term strategic plan for GuestCentric.”, stated Pedro Colaco, President and CEO of GuestCentric.

About GuestCentric Systems

GuestCentric Systems is an early stage start-up that was founded in October 2006 with the mission of developing web services that revolutionize the way the travel industry works. For more information on GuestCentric, visit http://www.guestcentric.com

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