Darren Huston Raised About $2 million in Funding

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Operto guest technologies, a property automation system for vacation rentals, accommodations, and serviced flats, disclosed that it raised approximately $2 million in funding from angel investors, led with the aid of Darren Huston, who now runs Blackpines Capital Partners.

Operto (Earlier Slickspaces) is a Vancouver-based startup, which has 15 employees, automates visitor entry through programming unique codes for every reservation onto keypad locks. Its other equipment screen noise, occupancy, air quality, and thermostat control. The corporation has debuted a new dashboard for employees to use.

Skift Cheat Sheet:

We define a startup as a company formed to test and build a repeatable and scalable business model. Few companies meet that definition. The rare ones that do often attract venture capital. Their funding rounds come in waves.

Seed capital is money used to start a business, often led by angel investors and friends or family.

Series A financing is typically drawn from venture capitalists. The round aims to help a startup's founders make sure that their product is something that customers truly want to buy.

Read Full Article @ https://skift.com/2019/02/08/2nd-address-raises-10-million-for-rental-bookings-travel-startup-funding-this-week/

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