Corporate travel startup Lanes & Planes has raised $10 million in a Series A investment.
The round was led by Battery Ventures, with DN Capital and Connect Ventures, an existing investor, also participating.
The Germany-based company provides business travel booking and expense management technology to small to medium-sized businesses.
The company says it will invest the funds in customer growth and improving its product.
Itzik Parnafes, general partner at Battery Ventures says: "We have been screening the market for quite some time now and know how difficult it is to develop software that meets the high expectations of both companies on the one hand and business travelers on the other."
He adds that Lanes & Planes is managing to provide a “consumer-like experience” with its holistic technology.
Veit Blumschein, co-founder and CEO of Lanes & Planes, says the funds will help the company grow more rapidly.