Lufthansa Invests in Flight-Search Tech Group Vayant Travel
Google touted airfare-search vendor Vayant Travel Technologies in 2010 as a competitor to ITA Software when Google was trying to convince antitrust regulators that there were plenty of noteworthy rivals to ITA Software in the marketplace.
Founded in 2007, Sofia, Bulgaria-based Vayant hasn’t exactly set the airfare-tech world on fire in the interim, but today came word that Deutsche Lufthansa, thought to be Vayant’s largest customer, has become a Vayant investor and strategic partner.
Lufthansa joins existing Vayant investors Neveq and Cape Capital and, with the Lufthansa investment, Christian Tillmans, the airline’s vice president of global sales and key account management, joins the Vayant board.
Vayant declied to comment beyond its press release on the nature of the Lufthansa investment or Vayant’s total funding.