June was a huge month for two of Concur’s California-based competitors. Coupa raised $80 million at a valuation of $1 billion. Chrome River picked up $100 million, declining to disclose its assessed worth. Enterprise tech is attracting venture capital as established and new providers exploit mobile and cloud technology. The moves also reflect a competitive expense management software…
[UPDATE, Oct. 1: In late September, Sabre GetThere made available bookings for United’s Economy Plus seating. Users without elite status on the airline have the option to split payment for the product upgrade by charging the added cost to a personal credit card if corporate policies disallow such purchases. Travel managers can decide whether the…
Most companies don’t have a homegrown business travel booking system, but NetJets Aviation is a bit unique. Its business is scheduling travel and moving people around. The company in the mid-1990s spent $20 million to build proprietary logistics software to handle requests from clients. NetJets then layered on corporate travel components for its own pilots and flight…
Atlantic City — No one in the fragmented and diverse ground transportation industry underestimates Uber anymore. For chauffeured car execs meeting here last week at a Chauffeur Driven magazine conference, “Uber” was the four-letter word everyone could not help but say. The rhetoric was dire, with operators described as being at “war” and destined to…
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