Technology

Mews Secures Major Investment to Cement Industry Leadership and Redefine Hospitality Management

Published

1 year ago

March 4, 2025

Tiger Global leads $75 million funding into Mews to fuel growth in the United States

NEW YORK, March 4, 2025 /PRNewswire/ — Mews, the leading hospitality technology platform, today announced it has raised $75 million, led by Tiger Global, a leading global investment firm, alongside existing investors Kinnevik, Battery Ventures and Growth Equity at Goldman Sachs Alternatives.

This funding strengthens Mews’ leadership in hospitality, fueling its expansion in the U.S. and DACH, accelerating platform innovation with AI-powered revenue management capabilities, and driving strategic acquisitions.

Mews experienced remarkable global growth during 2024. The company grew at over 50% year-on-year, processed over $10 billion in payments volume, and generated over $200 million in revenue. Mews signed marquee customers, including BWH Hotels, completed the acquisition of Atomize, and reached an impressive 20% market penetration in the DACH region.

The latest funding marks a pivotal moment in Mews’ expansion strategy, with a focus on accelerating its growth in the U.S. – one of the most dynamic hospitality markets. Mews continues to capture market share and expand its footprint across North America, and recent milestones include:

2x revenue in North America year-on-year2x the number of hospitality brands using Mews and welcoming forward-thinking brands including Lark Hotels, BWH Hotels and WeekenderMore than doubled the number of rooms and spaces managed via Mews, fast outpacing some of the most established PMS players in the U.S.

Additionally, the investment will accelerate Mews’ R&D efforts, fuelling innovation that addresses the evolving needs of the modern hospitality landscape. By continuously investing in technology, Mews is shaping the future of hospitality management, offering unparalleled scalability, automation, and operational intelligence for some of the biggest hospitality brands in the world.

“Tiger Global is a compelling partner for the next chapter of our journey,” said Richard Valtr, Founder of Mews. “Their experience with high-growth technology companies and category winners in the U.S., including Toast, Procore and ServiceTitan, is invaluable as we continue to expand our footprint, accelerate innovation, and pursue strategic acquisitions. This investment reaffirms our dedication to the U.S. market, where we have established strong leadership and have invested over $50 million to expand our business in the last couple of years. We will continue to invest substantially in the market, reinforcing our long-term strategy of global growth and leadership.”

Matt Welle, CEO of Mews, added: “Our vision has always been to redefine hospitality with spaces that put people at the heart, and this investment propels us even closer to achieving that goal. There are so many opportunities for AI to enhance both the guest journey and operational efficiencies in an industry that is so data rich. With Tiger Global’s backing, we’re excited to build on the wave of innovation at the intersection of hospitality and AI, with Mews at the center of it.”

Sara Eadie, Tiger Global, commented: “Mews is redefining what it means to deliver exceptional guest experiences in the hospitality sector and beyond. Our partnership with the Mews team marks an exciting step as they continue to expand in North America and strengthen their global market leadership.”

For media inquiries, please contact Katie Halfhead: press@mews.com

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Technology

IGCS International Announces Strategic Equity Investment by Lacks Enterprises

Published

49 minutes ago

April 22, 2026

DALLAS, April 22, 2026 /PRNewswire/ — IGCS International, a CVE-certified SDVOSB and leading provider of mission support and MRO supplies to the U.S. Department of Defense and federal agencies, today announced that Lacks Enterprises has acquired an equity stake in the company.

The strategic investment combines IGCS’s expertise in government supply chain, logistics, and MRO solutions with Lacks Enterprises’ advanced manufacturing capabilities, including electroplating, injection molding, composites, and testing for aerospace and defense.

“IGCS has built a strong track record supporting the Department of Defense… Partnering with Lacks Enterprises allows us to integrate cutting-edge manufacturing innovation into our offerings,” said Russ Spears, President of IGCS International.

Media Contact: Russ Spears, 214-733-7278, russ@igcsintl.com

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SOURCE IGCS International

Technology

Shoulder Innovations to Report First Quarter 2026 Financial Results on May 13, 2026

Published

49 minutes ago

April 22, 2026

GRAND RAPIDS, Mich., April 22, 2026 /PRNewswire/ — Shoulder Innovations, Inc. (“Shoulder Innovations”) (NYSE: SI), a commercial-stage medical technology company exclusively focused on transforming the shoulder surgical care market, today announced it will release financial results for the first quarter of 2026 after market close on Wednesday, May 13, 2026.

Management will host a conference call to discuss financial results beginning at 4:30 p.m. ET / 1:30 p.m. PT on May 13, 2026. Those interested in listening to the conference call may do so by dialing (877) 407-8216 for domestic callers or (412) 902-1015 for international callers and providing access code 13759613. A live and archived webcast of the event will be available in the “Investor Relations” section of the Shoulder Innovations website at https://ir.shoulderinnovations.com/.

About Shoulder Innovations
Shoulder Innovations is a commercial-stage medical technology company exclusively focused on transforming the shoulder surgical care market, with a current offering of advanced implant systems for shoulder arthroplasty. These systems are a core element of Shoulder Innovations’ ecosystem, which is designed to improve core components of shoulder surgical care – preoperative planning, implant design and procedural efficiency – to benefit each stakeholder in the care chain. Shoulder Innovations’ ecosystem is also comprised of enabling technologies, efficient instrument systems, specialized support and surgeon-to-surgeon collaboration. Together, these elements seek to address the long-standing clinical and operational challenges in the shoulder surgical care market by delivering predictable outcomes, procedural simplicity, and efficiency across all sites of care.

Contact
Brian Johnston or Sam Bentzinger
Gilmartin Group LLC
ir@shoulderinnovations.com

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SOURCE Shoulder Innovations

Technology

Accuray to Report Third Quarter Fiscal 2026 Financial Results on May 6, 2026

Published

49 minutes ago

April 22, 2026

MADISON, Wis., April 22, 2026 /PRNewswire/ — Accuray Incorporated (NASDAQ: ARAY) will report financial results for the third quarter of fiscal year 2026, ended March 31, 2026, during a conference call hosted by company management at 1:30 p.m. PT/4:30 p.m. ET on May 6, 2026.

The conference call dial-in numbers are 1-833-316-0563 (USA) or 1-412-317-5747 (international). In addition, a dial-up replay of the conference call will be available approximately one hour after the call’s conclusion for one week. The replay number is 1-855-669-9658 (USA) or 1-412-317-0088 (international), conference ID: 4178502.

A live webcast of the call will also be available from the Investor Relations section of the company’s website at investors.accuray.com. A webcast replay can be accessed on the website and will remain available until Accuray announces its results for the fourth quarter of fiscal 2026.

About Accuray
Accuray is committed to expanding the powerful potential of radiation therapy to improve as many lives as possible. We invent unique, market-changing solutions designed to deliver radiation treatments for even the most complex cases—while making commonly treatable cases even easier—to meet the full spectrum of patient needs. We are dedicated to continuous innovation in radiation therapy for oncology, neuro-radiosurgery, and beyond, as we partner with clinicians and administrators, empowering them to help patients get back to their lives, faster. Accuray is headquartered in Madison, Wisconsin, with facilities worldwide. To learn more, visit www.accuray.com or follow us on Facebook, LinkedIn, X, and YouTube.

Investor and Media Contact
Steve Monroe
VP, Financial Planning & Analysis, Accuray
Investor.relations@accuray.com

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SOURCE Accuray Incorporated