RedDoorz raises $45m to ramp up its presence in new markets

Singapore budget hotel platform eyes entry into Thailand and Malaysia

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RedDoorz runs an end-to-end hospitality management platform, which offers online management solutions for distribution, pricing, marketing, customer experience and technology to hotel owners. (Photo by Rie Ishii)

KRISTIE NEO, DealStreetAsia

SINGAPORE -- Singapore-based budget hotel booking platform RedDoorz on Monday announced it has raised $45 million in a Series B round led by Qiming Venture Partners.

The announcement confirms an earlier report by DealStreetAsia about the Qiming-led round.

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