Travel data company Boxever raises $6m in new funding

Boxever, a Dublin-based big data and personalisation platform for airlines and travel operators, has raised $6m (€4.3m) in a new funding round led by Polaris Partners, a $3.5 billion American venture fund.

The investment was announced yesterday along with Boxever signing a deal with Tigerair, the Asian low-fares airline originally co-founded by aviation entrepreneur Declan Ryan.

Frontline Ventures, an Irish venture capital fund backed by Ryan also
participated in the Boxever funding round.

Dave O’Flanagan, Boxever’s chief executive said “the funding enables us to accelerate our growth plans and drive our product strategy so that we can capitalise on the huge opportunity in travel”.

Boxever helps travel companies understand and communicate with their customers better by analysing their interactions.

“Being selected by Tigerair is an incredible validation of what we’re doing at Boxever,”Mr O’Flanagan said.

“Airlines have access to vast amounts of untapped structured and unstructured information about their guests and very few are using this effectively.”