KPCB and Silver Lake in $70m GoEuro round

The startup hopes to expand into new countries and strengthen its market position in places where it is already active. GoEuro claims to operate in a €150bn market.

Tech-focused GP Silver Lake invested via its Kraftwerk fund. The vehicle closed on $653m in August 2013 and focuses on startups in the energy and resources sectors.

Previous funding
In its series-B in December 2015, GoEuro raised $45m from Goldman Sachs, Atomico and business angels.

The series-A in August 2014 saw the startup raising $27m from Battery Ventures, Hasso Plattner Ventures and Lakestar.

Its $4m seed round in March 2013 was backed by Battery Ventures and Hasso Plattner.

Company
Founded in 2012 and based in Berlin, GoEuro is a travel platform that allows customers to search and book trains, buses and flights across Europe. It claims to partner with 500 European transport operators. The startup has 180 employees.

People
Silver Lake – Bryce Lee (managing director).
Kleiner Perkins Caufield & Byers – Mood Rowghani (general partner).
GoEuro – Naren Shaam (CEO).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Expansion
• DACH
• Technology
• Germany
• Venture