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Social Tables Raises $13 Million in Funding
Social Tables Raises $13 Million in Funding Social Tables , a SaaS platform that brings cloud-based collaborative event software to hospitality and meeting professionals, said it closed a $13 million Series B round led by QuestMark Partners. QuestMark is joined by previous Social Tables investors Bessemer Venture Partners, Thayer Capital, Fortify Ventures, and Middleland Capital. The capital will be used primarily to build and support the next generation products the company is launching in 2017. This funding brings Social Tables to a total of $22.6 million raised since it was founded in 2011.
Social Tables enables event planners and properties to work together and manage events online, from small meetings and receptions to city-wide conventions. Social Tables’ network of customers use the platform as the central point of collaboration on everything from an event’s design to its execution.
Social Tables is used by more than 100,000 unique professionals across 4,300 customers, some of which include Hyatt Hotels, House of Blues, and Forbes. More than 1,000,000 events have been planned in Social Tables within the 1.5 billion square feet of event space in the Social Tables network.
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