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Airbnb targets business travelers, inks partnership with Concur

Airbnb wants to reach more business travelers and today announced a new partnership with Bellevue-based travel expense company Concur. Business travelers who use Concur’s TripLink booking service will be able to reserve Airbnb listings straight from Concur’s platform and have their expense reports automatically updated to TripLink. It’s part of a new push from Airbnb toward… Read More

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Concur partners with United Airlines for integrated travel booking

Bellevue-based travel expense company Concur today announced a new partnership with United Airlines that will enable direct corporate travel bookings on United.com and United apps. The deal will allow travelers to link their Concur and United MileagePlus accounts and book a flight on United’s platform while automatically having the transaction recorded on a Concur expense report. Companies that have set… Read More

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Concur expands App Center, adds MileIQ, Trover and more than 30 other partners

Concur is integrating more third-party apps to help users file travel and expense reports — and maybe even find a good restaurant on a business trip. The Bellevue-based company has added more than 30 new partners to its App Center to offer apps that integrate with the company’s Travel, Expense and Invoice products. The announcement today comes as a part… Read More

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Last-minute restaurant reservation service Table8 receives backing from Concur

A new mobile app called Table8 that allows foodies to book last-minute reservations at hard-to-get-into restaurants has raised $4.6 million in fresh funding, including cash from Bellevue-based Concur Technologies’ Perfect Trip Fund. Table8 just recently launched in San Francisco, with restaurant-goers able to pay a fee of $20 or more to slide into open slots… Read More

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Mad Money’s Jim Cramer chats with Concur CEO Steve Singh: ‘This company will dominate’

Even though Concur beat expectations with its Q1 financials, shares of the Bellevue-based travel expense company dipped on Wednesday by more than 10 percent. But not to worry, says Jim Cramer. The brash and bold-talking stock picker invited Concur CEO Steve Singh onto his CNBC show on Thursday and expressed optimism in the company’s value, despite the… Read More

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Concur beats expectations with revenue of $169M, sees strong traction as shares jump

Concur, whose software helps businesses better track travel and entertainment expenses, reported strong earnings today that beat Wall Street analysts estimates. The Bellevue company reported revenue of $169.5 million for the period ended March 31, and earnings per share of 15 cents. Analysts anticipated revenue of $165.6 million, and nine cents per share. Shares of… Read More

Concur CEO Steve Singh

Concur posts 31% revenue gain, says $1B annual revenue run rate ‘now in sight’

Concur, the Bellevue maker of travel and entertainment expense management software, added 4,000 new customers during its past fiscal year and reported a 23.5 percent increase in non-GAAP revenue, jumping to $543 million. For the most recent quarter, non-GAAP revenues increased 31 percent to $154.2 million. The company’s net loss for the fourth quarter was… Read More

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Concur CEO Steve Singh: Startup success is entirely driven by culture

There are lots of ingredients to startup success, but for Concur CEO Steve Singh, one rises above them all. Speaking at the Northwest Entrepreneur Network’s “Entrepreneur University” on Friday in Seattle, Singh said that company culture is the most important aspect of startup that founders must think about. “Not only is company culture everything, but your success… Read More

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Concur invests in Visage to help companies manage mobile devices

Concur is continuing to place bets in startup companies. The latest deal comes today as the Bellevue maker of travel and entertainment expense management software announced a strategic investment in San Francisco-based Visage Mobile, a startup company that’s riding the BYOD (bring your own device) trend. “Our ongoing strategic partnership and new investment in Visage provide Concur customers… Read More

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Trover snaps up $2.5M to create a hub for up-and-coming travel photographers

Seattle startup Trover has scored $2.5 million in fresh funding, money that the five-person company will use to build out its network of amateur travel photographers. Concur led the round through its newly-formed Perfect Trip Fund, continuing a streak of investments in up-and-coming travel-oriented startups. Zillow co-founder Rich Barton and other angel investors also participated…. Read More

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Yapta takes flight with $4.2M for airfare price tracking

Seattle online travel startup Yapta has reeled in $4.2 million in fresh funding, with an option to raise an additional $2 million later this summer. Existing investor Concur led the round through its Perfect Trip Fund, bringing total funding in the company to $18.3 million. “This funding will enable us to build upon our investment… Read More

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Concur continues to bet on the cloud, buys TRX and GDSX

Bellevue-based Concur is making some new buys, announcing today that the maker of travel and expense management has acquired technology solutions from Dallas-based GDSX and Atlanta-based TRX. Terms of the deals were not disclosed. The company labeled the buyout of GDSX as an asset purchase. “By integrating GDSX and TRX into the Concur T&E Cloud,… Read More

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Egencia partners with Concur to make business travel simple

In an effort to make business travel more seamless, Egencia is partnering with Concur, the Redmond maker of travel and entertainment expense management software. Users who book and manage trips through Egencia, the Expedia-owned business travel management company, will now have the option of using Concur Expense right from the Egencia website, and vice versa for customers using the Concur… Read More

Concur CEO Steve Singh

Newsmakers 2012: Steve Singh guides Concur to new heights

Concur Technologies doesn’t get as much attention as its publicly-traded Seattle area counterparts. After all, filling out travel and entertainment expense reports typically ranks right behind going to the dentist. But Concur’s technology, which helps automate expenses at hundreds of companies throughout the world, is getting some serious traction as it enters its 20th year… Read More

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Context Relevant inks deal to help Concur mine travel data, raises $1.5 million

Seattle startup Context Relevant today announced that it has entered into a multi-year agreement with Concur Technologies to bring its advanced data analytics offering to the maker of travel and entertainment expense management software. In addition, Context Relevant announced that it has raised an additional $1.5 million from Madrona Venture Group and angel investors. Total… Read More

Concur CEO Steve Singh

Concur forms $150 million fund to bankroll travel-oriented startups

Redmond-based Concur has become more active with its investments in startup companies in recent months, taking stakes in travel-oriented Seattle area companies such as Buuteeq and Yapta. Now, the maker of travel and entertainment expense management software is formalizing its investment program, creating a new $150 million fund for emerging travel-oriented startups. The goal, according to… Read More

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Jeff Bezos-backed Workday soars in IPO, now valued more than rival Concur

Workday, a Pleasanton, California-based company that specializes in cloud-based payroll, financial management and employee expense management, is soaring in its initial public offering today. The company, which priced the IPO at $28 under the ticker WDAY, is now trading around $47 per share. The competitor to Redmond-based Concur Technologies is backed by Amazon.com co-founder Jeff… Read More

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Tech Moves: Expedia tech vet joins Varolii; EveryMove names marketing chief; NanoString hires CFO; and more

Varolii has named Sunil Shah as vice president of engineering and Patrick Chaney as vice president of professional services. Shah is an Expedia veteran who most recently served as the vice president of engineering at DataSphere Technologies. He previously worked in engineering executive roles at TravelPost, a hotel review site, and Disney Interactive Media Group. At Expedia, where he spent 11… Read More