Spanish hospitality bookings management platform CoverManager has secured 17 million euros ($18 million) in the second close for its new funding round.
The round, bringing the company's total funds raised so far to $55.3 million, was led by London-based technology advisory and investment firm GP Bullhound.
CoverManager will use the funds to build the global technology standard for the hospitality industry, enabling restaurants and venues to improve profitability and get closer to customers.
In May, the company received $37.3 million in a funding round with the participation of angel investors.