Cargomatic Secures $8,000,000 Series A Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ee7c472d-e1fa-4c16-94ca-a443624d7fa6
Date
1/30/2015
Company Name
Cargomatic
Mailing Address
114 W. Washington Blvd. Venice, CA 90292 USA
Company Description
Cargomatic is a technology company based in Venice Beach, CA. Our platform was born of our passion to solve the inefficiency and fragmentation of the local trucking industry. Simply, we connect shippers with qualified carriers who have unutilized capacity on their trucks.
Website
http://www.cargomatic.com
Transaction Type
Venture Equity
Transaction Amount
$8,000,000
Transaction Round
Series A
Proceeds Purposes
The company will use the money to expand its service to other transportation hubs around the country.
M&A Terms
Venture Investor
Venture Investor
Venture Investor
Venture Investor
Venture Investor
Venture Investor
Venture Investor