EquaShip, a startup that aims to save small- and medium-sized businesses money on shipping costs by going head-to-head with UPS and FedEx, is announcing a $900,000 investment round today. The company, headed by serial entrepreneur Ron Wiener, said the money was raised from various angel investors from Seattle and the Bay Area—but didn’t name names.
Named as a strategic investor was Newell Rubbermaid, the company that owns a wide range of consumer and business brands including Dymo, which provides shipping and mailing technology through its Endicia brand. EquaShip said Newell Ventures director Scott Galovan would join the startup’s board. EquaShip, which is hiring for a half-dozen positions, plans to use the money to add to its operations, namely a customer care center.
Author: Curt Woodward
Curt covered technology and innovation in the Boston area for Xconomy. He previously worked in Xconomy’s Seattle bureau and continued some coverage of Seattle-area tech companies, including Amazon and Microsoft.
Curt joined Xconomy in February 2011 after nearly nine years with The Associated Press, the world's largest news organization. He worked in three states and covered a wide variety of beats for the AP, including business, law, politics, government, and general mayhem.
A native Washingtonian, Curt earned a bachelor's degree in journalism from Western Washington University in Bellingham, WA. As a past president of the state's Capitol Correspondents Association, he led efforts to expand statehouse press credentialing to online news outlets for the first time.
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