HotelTonightturnstoinvestorsagainafterthreeyears,raises$37million

Hotel booking application HotelTonight has secured a USD 37 million funding round – it’s first big capital deal for over three years.

The Series E round brings its total investment to almost USD 118 million since it launched in late-2010.

The new backers are round-leader Accel Partners with RSC Capital, Founder’s Circle and Aspect Ventures.

Returning investors from previous rounds include Battery Ventures, US Venture Partners, GGV Capital, Coatue Management and First Round Capital.