including corporate travel companies, leisure agencies and suppliers. For the corporate travel segment, Traxo for Business provides "instantaneous visibility into business travelers' off-platform travel purchases," according to Traxo. A spokesperson explained that Traxo automatically grabs information from a booking on a travel site (an online travel agency or supplier-direct channel, for example), provided the traveler previously entered into Traxo his or her account information for that travel site. The spokesperson added that Traxo has been meeting with prospective TMC clients but didn't identify any current agency users. Traxo in August began providing users of the SAP Cloud for Travel open booking system data aggregation
for nonpreferred supplier bookings. The company in October announced a new round of funding
from Advantage Capital Partners, Silver Creek Ventures and Thayer Ventures.