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German chauffeur services company Blacklane has raised $36 million in a Series F funding round. The Berlin-based firm, founded in 2011, was originally set up to simplify business travel through the creation of a marketplace for chauffeurs. "We could have continued to grow organically with our cash flow but we want to grow faster," he said. Blacklane has brought in the funding as part of a second close of its previously announced Series F round. The fresh funds will go towards deepening the company's existing network of products, particularly in North America, as well as in Dubai where the business has ambitions to offer premium mobility services to users in the city for functions beyond traditional chauffeur services like airport transfer.
Persons: Blacklane, Jens Wohltorf Organizations: chauffeurs, Mercedes Benz Mobility, Gargash Group Locations: Berlin, Dubai, North America
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