
Polaris leads $6m series-A for Boxever
Polaris Partners and Frontline Ventures have invested $6m in a series-A round for Boxever, a Dublin-based B2B platform for airlines and travel operators.
The fresh funding will allow Boxever to work towards doubling its staff numbers throughout 2014. The company will also seek to expand further internationally.
The capital injection has been announced in conjunction with the company revealing that it has secured Asian low-cost carrier Tigerair as a client.
Company
Boxever was founded in 2012. It is headquartered in Dublin and currently employs more than 20 staff.
The company provides a marketing platform for airlines and travel operators. Its cloud-based platform is designed to allow travel retailers to build a single customer view. It does so by leveraging data to unify a customer's information from various channels.
Clients include Tigerair, Scandinavian regional airline Widerøe and Atlantic Airways, the national airline for the Faroe Islands.
People
Dave O'Flanagan is the founder and CEO of Boxever. Noel Ruane is a European venture partner at Polaris.
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater