US-based online travel business Off & Away was acquired by social commerce company Lockerz for an undisclosed amount on Monday.
Off & Away had garnered $3.25m in funding in two separate investments led by venture capital firm Madrona last year.
The activities of Off & Away, which allows users to bid against each other for upscale hotel rooms, will be absorbed into those of Lockerz immediately. The acquisition comes four months after Lockerz, which is backed by media conglomerate Liberty Media, launched a ‘Dealz’ section of its website enabling its members to buy special offers for events and services.