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JRNI Closes $6M Series C Extension, Appoints First-Ever CTO


Screen Shot 2019-08-21 at 12.58.58 PM
Top image courtesy JRNI

JRNI is certainly growing up.

The London-based booking and customer engagement platform provider, which finds its U.S. headquarters in Boston, rebranded from BookingBug to JRNI (pronounced "journey") just over three months ago. At the same time, the company announced that it had hired John Federman, formerly the CEO of Webcollage, to head up operations as CEO.

Today, the 10-year-old startup announced that it had closed a $6 million extension of its Series C funding, led by PeakSpan Capital with participation from Downing Ventures and Somerston Group. The round brings JRNI’s total funding to $23.2 million.

“JRNI’s momentum in the U.S. has been energizing,” Federman said in a press release. “As enterprises bridge the digital-to-physical divide in retail and financial services, JRNI is uniquely positioned as an extensible SaaS platform driving business in-store and in-branch through to conversion. The additional financing will enable us to quickly and successfully deliver for our customers.”

JRNI also bolstered its C-suite yet again by hiring Simon Copsey as its first-ever chief technology officer. Copsey will oversee JRNI’s technology and product strategy and will lead the development, engineering and product teams from the company’s London headquarters.

Copsey was previously vice president of engineering at several U.K. companies, including Flyt, Rakuten Marketing and Import.io. He also served as CTO at Cardola and held various program and project management roles at Red Bee Media and BBC News.


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