WALTHAM, MA HubX, a global technology service provider to the hospitality industry, reported the second closing of its Series A round of venture financing, noting that to date, it has raised over $2 million in financing.
Boston Capital Ventures and Claflin Capital Managements venture partnership, Black Diamond Fund, both located in Boston, are the lead investors in the funding. The Series A round is expected to finance additional product development as well as general operations through profitability.
HubX specializes in Internet-based technology for hotels, resorts and other lodging organizations. (5/31/01)