Concur invested $2 million in natural-language search provider Evature's Expert Virtual Agent, - Business Travel News

Share this page

Business Travel Supplier Directory

Text size: A A A

NewsLog
RSS

November 12, 2012 - 01:05 PM ET

Concur invested $2 million in natural-language search provider Evature's Expert Virtual Agent, with plans to integrate the technology with Concur solutions, according to Concur. The investment is from a $150 million "Concur Perfect Trip Fund" established to "invest in and nurture emerging companies in the travel and expense cloud," according to the company. "We're leveraging our balance sheet to foster innovation and nurture game-changing technologies," said Concur chairman and CEO Steve Singh.

This page is protected by Copyright laws. Do Not Copy. Purchase Reprint

Leave your comment:

Comments

blog comments powered by Disqus
Related NewsLog
Travel management consulting firms GoldSpring Consulting and Partnership Travel Consulting announced "a strategic partnership."... read more »
South African Airways signed up to use Travelport's Rich Content and Branding merchandizing technology,... read more »
CWT and Amex vet Andrew Winterton joined Certares,... read more »
American Express Global Business Travel named long-time Amadeus executive Philippe Chérèque its new chief technology officer.... read more »
Travelport and Alitalia renewed a "multiyear" full-content agreement,... read more »
BCD Travel appointed 10-year company veteran Craig Bailey to serve as president of its North America operations,... read more »
CWTSatoTravel announced that it won from the U.S. Department of Education a task order award to continue providing travel and expense management services.... read more »
Travelport's Steve Elliott is serving as acting vice president of the corporate solutions product portfolio while the company undertakes "a recruitment process,"... read more »
Delta Air Lines added two West Coast sales director positions based in Los Angeles and Seattle,... read more »
Direct Travel Inc. announced the acquisition of Portland, Maine-based Hurley Travel Experts.... read more »
Travel management platform Rocketrip hired as vice president of sales former AppNexus sales director Bill Casper and named as an advisor Google global travel manager Mike Tangney.... read more »