Pacejet Logistics Garners $4,500,000 Series C Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fd7a7e98-cb9d-4cfc-b731-59eaa5f7328e
Date
10/8/2013
Company Name
Pacejet Logistics
Mailing Address
8740 Orion Place Columbus, OH 43240
Company Description
Pacejet Cloud Shipping solutions connect shippers with carriers to reduce costs and improve efficiency. Pacejet solutions integrate with popular ERP systems from NetSuite, Infor, SAP, Microsoft, and more and allow shippers to quote, ship, track, report shipping activities as part of ERP-integrated processes.
Website
http://www.pacejet.com
Transaction Type
Venture Equity
Transaction Amount
$4,500,000
Transaction Round
Series C
Proceeds Purposes
The capital will be used primarily to expand resources and activities in business development, sales and marketing resources with the goal of growing the company’s enterprise shipping solution.
M&A Terms
Venture Investor
Athenian Venture Partners
Venture Investor
Undisclosed