DerbySoft Closes Series B Funding

This capital infusion will enable the company to further develop its connectivity solutions and its global network of hotel suppliers and distribution channels. Despite the challenging economy, Derbysoft's advanced DSwitch technology and its unique business model attracted the investment. Ted Zhang, DerbySoft's CEO, commented, 'As hotel distribution continues to evolve, our investors believe that DerbySoft's two-pronged approach of addressing problems for both the supplier and the distributor at low cost gives the company an important role in the distribution landscape.'

About DerbySoft
Founded in Shanghai in 2002, DerbySoft is a next-generation technology company serving the hospitality and travel industries. DerbySoft has developed and now operates China's hotel switch serving thousands of large international and domestic chain hotels including Hilton, IHG, Hyatt, BTG, Jinling Hotel Group, Greentree Inns, Home Inns, CTS Hotels and others as well as more than 1,500 independent Chinese hotels. On the buyer side, hundreds of Chinese travel agencies and corporate travel offices, as well as a variety of global online travel agencies and other online distribution channels, are connected to the switch. Contact: dave.revelle@derbysoft.com