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Vayant closes financing with its strategic partner Deutsche Lufthansa AG

Vayant has developed strategic innovative Airfare Pricing and Shopping technologies including Next-Generation solutions based on live transactions and pre-computed big-data technologies allowing airlines to respond more effectively to travel searches in a growing transaction market.

FRANKFURT, GERMANY – Vayant Travel Technologies, a world leader in B2B airfare search innovation, is welcoming Deutsche Lufthansa AG as a new investor. Vayant Travel Technologies has been funded since 2007 by a group of private investors and VCs including Neveq and Cape Capital.

Vayant has developed strategic innovative Airfare Pricing and Shopping technologies including Next-Generation solutions based on live transactions and pre-computed big-data technologies allowing airlines to respond more effectively to travel searches in a growing transaction market.

The new investment is part of Vayant’s development strategy to intensify its business growth within the airline industry and support airline efforts in view of flexibility and distribution. “We are seeing a very positive reaction and traction from the market to our product ecosystem and the opportunities they present for airlines and travel companies. We are now looking forward to taking Vayant a step forward and we are glad to welcome Deutsche Lufthansa AG as a new shareholder of Vayant” said Eric Dumas, CEO of Vayant.

Additionally, Vayant is also welcoming Christian Tillmans to its Board of Directors. Mr. Tillmans is currently Vice President Global Sales and Key Account Managementat Deutsche Lufthansa AG.

Co-Founder & Chief Editor - TravelDailyNews Media Network | Website | + Posts

Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor's degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales.

She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.

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