MobileRQ closes latest funding round

By Marc Castro

Sep 10, 2013 03:01 PM EDT

The initial funding round of MobileRQ was completed with Verizon Investments LLC leading the way. Verizon Investments is Verizon Communications strategic venture capital subsidiary. MobileRQ is a traveler's platform that assists companies better engage with their customers.

The travel cloud based platform would help travel and hospitality brands to enhance the travel experience of users through the delivery of updated, relevant and usable content to the mobile devices of its users. The investment in MobileRQ has helped the platform to combine contextual information as well as third party information to generate targeted content for its users.

According to MobileRQ co-founder and CEO, "We're very gratified byt he confidence that Verizon Investments has shown in her technology. With the entry of this platform into the market and our initial customer traction, we are alread showing how travel brands can get instant ROI. the hospitality industry, perhaps more than any other, understands the need to reach customers with content and offers at the point where they are mostly likely to make a decision. With our platform, hospitality and travel brands can fine-tune offers so that they're not just making more money, but delighting their customers in the process."

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