THE parent company of CruiseAway by Dreamlines has announced it has raised US$55m in funding to support the company’s growth and international expansion. The Series-E funding was led by Princeville Global, which joins the business as a partner. Emmanuel DeSousa, managing partner of Princeville Global, commented that “The cruise industry...
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THE parent company of CruiseAway by Dreamlines has announced it has raised US$55m in funding to support the company’s growth and international expansion.
The Series-E funding was led by Princeville Global, which joins the business as a partner.
Emmanuel DeSousa, managing partner of Princeville Global, commented that “The cruise industry is the last sizeable, global travel segment to be disrupted by a tech-focused online booking platform” adding that “under the leadership of its founders, Dreamlines is uniquely positioned to continue transforming the cruise industry to an online model, leading in Europe & expanding around the world”.
Since launching in 2012, Dreamlines has expanded into 10 countries, partnering with over 100 cruise operators and offering the largest portfolio of cruises around the world.
The company entered the Australian market in 2014 with the purchase of Gold-Coast based CruiseAway and cruisecentre.com.au from Fred Sparksman’s Cruise Marketing Group (CW 20 Oct 2014).
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