KEYPR Raises $12.8M For Hospitality Management

Los Angeles-based KEYPR announced Tuesday morning that it has raised $12.8M in its Series A1 financing round, which was led by Karlani Capital, and also included Simon Turner (former Starwood Hotels & Resorts President of Global Development) and Richard Haddrill (former CEO of Bally Technologies). The new funding brings its total raised to $19.0M. KEYPR says it is developing a cloud-based platform for managing hotels and luxury residential properties. The company was founded by Nizar Allibhoy, Mark Anderson and Sabir Jaffer. More information »