U.S.-based destination operating system provider Zartico revealed that the company has secured $20 million in its Series A investment round.
The round, which brings Zartico's total funding raised to date to $24.5 million, was led by U.S. Arthur Ventures and joined by Peterson Partners.
Zartico intends to use the fresh capital to grow its engineering and product teams, expand its machine learning, artificial intelligence and predictive capabilities.
In addition, the company also plans to deploy the funds in acquiring new proprietary data sets and expanding into new markets such as sports venues, airports and municipalities.