Cornerstone Information Systems teamed with venture capital firm Sproutbox to identify "the next great travel technology." - Business Travel News

Share this page

Business Travel Supplier Directory

Text size: A A A

NewsLog
RSS

November 12, 2012 - 01:10 PM ET

Cornerstone Information Systems teamed with venture capital firm Sproutbox to identify "the next great travel technology." The partnership includes a new "travel technology accelerator" dubbed RunUp Labs. Focused on "applications that enhance and improve the travel experience," RunUp Labs will offer a 10-week mentoring program for start-ups, with an initial session expected to kick off in spring 2013. "Some of the best ideas we've seen have been travel-related, but the industry is so complex that our technology and product expertise simply wasn't enough," according to SproutBox co-founder Brad Wisler. "That is where Cornerstone comes in."

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

Leave your comment:

Comments

blog comments powered by Disqus
Related NewsLog
The number of international airline passengers flying in premium classes in February rose 4.1 percent year over year,... read more »
American Express for the first quarter reported a 1 percent increase in global corporate travel sales versus the same period last year,... read more »
The average daily rate at China Lodging Group properties increased 0.6 percent in local currency year over year during the first quarter,... read more »
Rail technology provider SilverRail secured an additional $40 million in venture-capital funding.... read more »
La Quinta Holdings expects to raise as much as $898.4 million through its initial public offering,... read more »
Business travel in 2012 provided $491 billion in contribution to the U.S. gross domestic product,... read more »
Virgin America reported a $14.2 million profit for the three months ending Dec. 31,... read more »
Avis Budget Group reported a $28 million net loss for the three months ending Dec. 31,... read more »
American Airlines Group Inc. posted a fourth-quarter net loss of $1.9 billion when combining results from pre-existing American Airlines and new subsidiary US Airways Group.... read more »
Southwest Airlines reported a "record" fourth-quarter profit of $212 million,... read more »
United Airlines reported a $140 million fourth-quarter net income, swinging from a $620 million loss for the prior-year period.... read more »