KEYPR Raises First Round of Seed Financing for Cloud-Based Software
Thursday June 19th, 2014 - 2:58PM M
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LOS ANGELES—KEYPR, based here, has raised its first round of financing in seed capital to complete development and deployment of its cloud-based software solution.
KEYPR provides a cloud-based management solution that integrated the hotel experience for both guests and hotel management through mobile technology. The system will allow guests to have instant mobile check-in/check-out capabilities, keyless entry through the smartphone and the ability to schedule, order and track service requests like cleaning and room service. Guests will also be able to personalize their entertainment experience and access a directory of hotel services on-property through an in-room tablet from KEYPR or through their smartphones.
KEYPR offers hotels the ability to utilize a digital solution to enhance the guest experience, reduce the administrative burden on staff, improve operational efficiencies and increase revenue, according to the technology start-up.
In addition, KEYPR has formed its Advisory Board, which includes Warnick, president and founder of Warnick + Company; Yair Landau, a partner at MK Capital; and Mark Anderson, COO, Gaikai.
“We’re thrilled that these experienced industry leaders have joined KEYPR’s advisory board. We’re grateful to Rich, Yair and Mark for their expertise and on-going contributions to help steer our expansion made possible through this round of funding to complete the initial version of the KEYPR product and deploy the solution to our hotel partners,” said Nizar Allibhoy, KEYPR’S CEO.
Tags: KEYPR • cloud-based software solution • Nizar Allibhoy • Hospitality • Operational •
When you hear all the lodging industry projections for the months and years to come, much of the robust growth is forecast to be the result of the expected influx of travelers from China. In what could only be seen as good news for the industry, that expectation moved a little closer to reality when President Obama signed a visa waiver extension for Chinese travelers earlier this month.