Dreamlines raises €20m in series-C round

Holtzbrinck Ventures, Hasso Plattner Ventures and Dimaventures reinvested in the company.

Dreamlines plans to expand globally and consolidate its position in existing markets. The business will also use the fresh funding to further develop its software Pegasus.

Previous funding
TA Ventures led Dreamlines' series-B in December 2012. The round, which also saw participation from the Samwer brothers' Global Founders Fund, was worth less than €10m. Hasso Plattner Ventures led the series-A funding round.

Company
Headquarterd in Hamburg and founded in January 2012, Dreamlines is an online cruise trip portal. Its main market is the German-speaking region, but it is also active in Australia, Italy, France, the Netherlands, Russia and Brazil.

The company has 30,000 cruise products available on its website and by telephone booking. It employs 280 people and generates €100m in revenue.

People
Alexander Frolov is partner at Target. Vadim Tarasov is manager at Altpoint. Felix Schneider is managing director of Dreamlines.

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• Topics
• DACH
• Consumer
• Expansion
• Germany
• Holtzbrinck Ventures
• Unq2015Jan