BEVERLY HILLS, Calif., May 16, 2017 /PRNewswire/ -- In preparation for its global deployment, Conztanz, a data agility platform provider addressing the entire air traveler journey, recently partnered with Switchfly, Inc., a global travel commerce and ancillary merchandising technology company, to address irregular operations - one of the most challenging travel pain points for both passengers and airlines. Their new technology offering, known as Travel Hero, will turn the typically challenging and off-line process of finding accommodations for stranded passengers into an online solution which helps to reduce passenger headaches and logistic nightmares for airlines.
In addition, Conztanz has also teamed up with Los Angeles-based global value accelerator & investment bank Inovexus in order to focus on their next stage of growth. Conztanz, which has raised $2.5 million to date from A Plus Finance and Pleïade Venture, is aggressively pursuing an entrance into the U.S. market. The company is looking to establish a U.S. office in 2017. With Inovexus' expertise in boosting French businesses to the U.S. market, Conztanz will leverage this relationship to accelerate the adoption of its innovative products and expert services. The company plans to raise $7M by the end of 2017 to enable this growth in the U.S. and beyond.
Founded in 2013, Conztanz is a software and IT service company, specialized in providing innovative solutions for the travel industry powered by an integration platform bridging Passenger Service Systems solutions and an airline's Information System. Combining in depth expertise in the air transport industry with its agile, open data platform, Conztanz speeds up the delivery of projects such as airline data migration, NDC adoption and PNR data collection project for government security and provides turn-key solutions to empower digital channels with real-time, context-based and personalized interaction capabilities. Some of Conztanz's customers include BRA, Luxair, Boliviana de Aviaçion, Kuwait Airways, CityJet, Air Tahiti and Air Caledonie. For more information, visit www.conztanz.com.
Switchfly, Inc. is a global technology company that powers travel commerce, loyalty program engagement and ancillary merchandising solutions for some of the world's most recognizable brands. Headquartered in San Francisco, Switchfly generates more than $2 billion in revenue for its clients annually and facilitates the redemption of more than 40 billion reward points and miles each year.
Based in Los Angeles, Paris and Singapore, Inovexus is a new kind of investment bank focusing on rapid growth acceleration and M&A. Inovexus works with small / mid-size cap innovative companies on a fast pathway to exit. Inovexus leverages its growth acceleration expertise to increase the value of innovative businesses and build transformative businesses in growing industries on a global scale. For more information, visit www.inovexus.com.
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