Skift Take
This deal is a nice landing for the startup Tripbam, which helps travel managers track prices. The giant in corporate travel software, SAP Concur, needs to watch its back as upstarts like Emburse become assertive.
Emburse, a software provider of expense technology for corporate travel and meetings, said on Wednesday it's acquiring Tripbam, a Dallas startup whose tools are used by corporate travel managers.
The companies didn't reveal the price or terms of the deal. A venture-backed startup, Tripbam had raised $1.5 million.
Tripbam's pitch is that its software can let corporate travel managers and event planners shop across multiple airlines and hotels for reservations, taking advantage of price fluctuations whe