Press Release
DCS PLUS AND EARLYBIRD CLOSE INVESTMENT ROUND TO DEVELOP
TRAVEL TECHNOLOGY
•
dcs plus designs and develops enterprise technology solutions for global travel and tourism industry
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The new capital will contribute dcs plus to launch the cloud-based solutions and mobile applications
Bucharest, Romania – May 6, 2015 – dcs plus, a leading global travel technology company, and Earlybird, a Europeanbased venture capital firm, have finalized an investment round which will allow dcs plus to scale globally its technology
in the travel and tourism sector.
“dcs plus is focused on technology for the travel industry, innovating products and services that help travel
professionals advance their business,” said Cristian Dinca, dcs plus’s founder and CEO. “Innovation is our compass and
travel is our passion. We are thrilled to work with Earlybird on developing further products and services that add value
to the travel industry. Earlybird’s focus on companies disrupting global sectors with cutting-edge solutions made it the
right partner to help dcs plus grow and innovate.”
“The travel technology space is ripe for growth,” said Dan Lupu, a partner with Earlybird. “With a 13-year track
record, dcs plus has potential to become a leader in the travel technology space. In fact, with its enterprise-strength,
complete software stack, dcs plus is poised to untangle the spaghetti bowl of travel technology offerings all together. The
company’s engineers have developed and continue to develop software for the global travel industry in multiple markets.
These are technologies focused on maximizing efficiency, quality, and use across the world.”
Following the investment, dcs plus plans to launch, over the next few months, cloud-based versions of its mid-back
office, booking and inventory management products as well as mobile applications which integrate seamlessly with its
clients’ existing software infrastructure.
About dcs plus
dcs plus is a leading travel technology company, committed to designing and developing enterprise technology
solutions for the travel and tourism industry. The company designs and builds adaptable, affordable, and cutting-edge
tools and services for travel and tourism professionals. dcs, founded in 2002, operates in 42 markets around the globe
with partners worldwide, including Amadeus IT group and Lufthansa City Center.
About Earlybird
Established in 1997 Earlybird has raised over €700 million ($900 million) in fund commitments. We have backed 100
companies, some of which have sparked significant innovations in business and technology and resulted in large scale
($1bn+) IPOs and trade sales. Earlybird backs European companies with global ambitions and our active portfolio
currently includes 32 companies across the consumer Internet and enterprise services space.
Further
information
is
available
at: www.earlybird.com,
Twitter:www.twitter.com/earlybirdvc.
LinkedIn: www.linkedin.com/company/earlybird-venture-capital or Facebook:www.facebook.com/EarlybirdVC.
Earlybird’s investor base includes some of the most renowned institutional investors worldwide. The capital
committed by the EIF to the Earlybird 2012 Fund comes from the European Recovery Program (ERP) – EIF Facility; and
the LfA-Gesellschaft für Vermögensverwaltung mbH (LfA) – EIF Facility.
dcs plus
Address: 215 Mihai Bravu Road, 5th floor, District 2, 021323, Bucharest, Romania
Tel: +40 (0) 21 302 31 32
E-mail: [email protected] ; Website: www.dcsplus.net
Facebook: www.facebook.com/dcs.plus ; Linkedin: dcs plus linkedin