Blueground, a U.S.-based hospitality technology company, has announced that it has completed a new funding of 44 million dirhams (approximately $12 million).
The funding round came from a group of investors, including Dubai-based investment firm Jabbar Internet Group, Greece-based peer VentureFriends, and U.S.-based Endeavor Catalyst.
The latest investment marks the fourth and largest round of funding for Blueground, bringing the total investment from global investors in Blueground to nearly $20 million.
On April 5, 2017, Blueground raised $6.3 million in Series A funding round.