Parag is a managing director at Spectrum Equity, where he invests globally in software and information businesses. He also serves as a board director for several companies, including WorkFlex, Benchmark Mineral Intelligence, and Netcraft.
Steve brings investment and board-level operating experience from his long tenure at Spectrum Equity. He also holds board directorships at several companies, including Bitly, Kajabi, and PresenceLearning.
Spectrum Equity led the Series B round to support global expansion and product development.
"Prior to the pandemic, the hospitality industry had been open to gradually adopting newtechnology. Our business experienced significant growth through 2020 despite the industry headwinds, but 2021 has been a breakthrough year for us as the recovery accelerated the pace of technology adoption. We anticipate unprecedented opportunities and growth as the recovery continues,"
Spectrum Equity led the minority growth investment to help accelerate product development and market expansion.
"We are committed to providing our clients with market-leading services to allow them to continuously optimise their derivative portfolios to maximise returns and to efficiently meet regulatory capital requirements"