<article>Singapore-based ZUZU Hospitality Solutions (ZUZU) on Tuesday announced its expansion to Thailand, Malaysia and Australia after closing an S$5 million ($3.7 million) Series A funding round led by<a href="https://www.dealstreetasia.com/tag/Wavemaker-Partners"> Wavemaker Partners</a>.</article>

Singapore-based ZUZU Hospitality Solutions (ZUZU) on Tuesday announced its expansion to Thailand, Malaysia and Australia after closing an S$5 million ($3.7 million) Series A funding round led by<a href="https://www.dealstreetasia.com/tag/Wavemaker-Partners"> Wavemaker Partners</a>.
Existing investors including Golden Gate Ventures, Convergence Venture, and Alpha JWC Ventures as well as new investors Access Ventures and Line Ventures also participated in the round that was closed in the fourth quarter of 2018.
Hotel operating system provider ZUZU offers its technology, distribution and revenue management expertise to independent hotels to maximise their revenues. It claims that its services can deliver an average uplift of 30 per cent in online revenue. It is currently present in Indonesia, Taiwan and Singapore.
The company also announced the appointments of Jake Coleiro as its country manager for Australia and Prae Wattanalapa as country manager for Thailand.
ZUZU had previously raised a $2-million seed round in 2017 to invest in its product development.
Wavemaker Partners is Southeast Asia&#8217;s seed-stage enterprise and deep tech venture capital firm. It has been actively investing in the region since 2012, with more than 100 companies in its portfolio. It is currently in the market to raise $100 million for its third SEA-focused fund that will continue to focus on enterprise and deep tech opportunities.
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The Series A round was led by Wavemaker Partners and joined by existing investors Golden Gate Ventures, Convergence Venture, and Alpha JWC.

Singapore's ZUZU Hospitality raises $3.7m for Asia expansion

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Singapore's ZUZU Hospitality raises $3.7m for Asia expansion

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