Nor1 Nabs $9M from Concur
December 19, 2012- Share:
Nor1, a provider of data-driven pricing and merchandising technologies, has raised $9 million in Series B financing from lead investor Concur Technologies. The company’s technology allows companies with “perishable” inventory—hotels with unused rooms or suites, for example—to offer customers upgrades for a reduced rate. Nor1 will use the new capital for “growth through product innovation and market expansion,” according to a press release.
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