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Dreamlines Raises $19 Million Growth Capital

Hamburg-based Dreamlines has announced its most recent investment round of €18 million euro. This is the latest backing of the online cruise marketplace in the last 12 months.

Previously, the company raised a round in August 2016. Founded in 2012, it has raised $72 million to date from Dimaventures, Hasso Plattner Ventures Management, HV Holtzbrinck Ventures, Global Founders Capital, Altpoint Capital Partners, and Target Global.

Since its founding in 2012, Dreamlines has taken in some €68 million plus euro from investors; Dimaventures, Hasso Plattner Ventures Management, HV Holtzbrinck Ventures, Global Founders Capital, Altpoint Capital Partners, and Target Global.

Dreamlines is a specialized digital marketplace where European cruise offerings have spread to worldwide inventory of some 30,000 plus packages. According to the news, the new funding will help the company expand its staff and reach. The company also says the funding was needed for potential acquisitions in upcoming months.

Headed by Felix Schneider, Managing Director, Dreamlines provides an online portal for cruises in Europe operating in seven countries. The company, which has its global headquarters in Hamburg and offices in France, Brazil, Russia, the Netherlands and Australia.

Categories: Travel Technology
Phil Butler: Phil is a prolific technology, travel, and news journalist and editor. A former public relations executive, he is an analyst and contributor to key hospitality and travel media, as well as a geopolitical expert for more than a dozen international media outlets.
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