Asia Partners leads $70M investment in RedDoorz
Gunderson Dettmer client and Singapore-based private-equity firm Asia Partners led the $70 million Series C funding of RedDoorz. RedDoorz is Singapore’s leading hotel booking and management platform. Investors Rakuten Capital and Mirae Asset-Naver Asia Growth Fund also participated in the round. The company will use the fresh capital to launch in new markets and boost hotel staff training programs.
The Gunderson Dettmer deal team was led by Jonathan Pentzien and included David He and Vanessa Ho.