2 years ago

Dreamlines cruise booking service steams into new Euro 20 million investment round

Online cruise search and booking brand Dreamlines has secured another round of investment from a heavyweight roster of backers.

Existing investors Holtzbrinck Ventures, Hasso Plattner Ventures and Dimaventures are this time joined by Altpoint Capital and Target Ventures in the Series C round.

Altpoint and Target covered the major proportion of this particular round, Dreamlines says.

The latest injection comes eight months after a “seven-figure” Euro investment round led by Holzrbrinck and its partner Christian Saller, former-managing director for Kayak in Europe.

In October, Dreamlines bought two Australian cruise sites – Cruisecentre and Cruiseaway – for an undisclosed fee.

The new round, Dreamlines managing director Felix Schneider says, will allow the company to continue its global roll-out as well as developing its existing Pegasus software platform.

The company currently has close to 300 employees and operates in Germany, France, Russia, Brazil, Italy and Australia.

The company was founded in 2012. It claims to have more than 30,000 products available, including round-the-world trips and short cruises.

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Kevin May

About the Writer :: Kevin May

Kevin is senior editor and a co-founder at Tnooz. He was previously editor of UK-based magazine Travolution and web editor of Media Week UK from 2003 to 2005.

He has worked in regional newspapers (Essex Enquirer) and started his career at the Police Gazette at New Scotland Yard in London. He has a degree in criminology, a postgraduate diploma in magazine journalism and publishes his first book - a biography about Depeche Mode - in early-2017.





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