Enroute Systems Garners $1,250,000 New Financing Round

  • Feed Type
  • Date
    1/23/2013
  • Company Name
    Enroute Systems
  • Mailing Address
    616 1st Avenue Seattle, WA 98104
  • Company Description
    Enroute Systems Corporation is a privately owned supply chain management and software-as-a-service-solution provider that helps retailers and e-tailers gain control, reduce shipping spend and improve efficiency. Since 2008, Enroute has been helping companies with high shipping volumes to reduce transportation costs and streamline their logistics process. Our team consists of highly experienced software developers, logistics professionals and former retailers, all working to deliver innovative solutions that are as easy to use as they are to deploy.
  • Website
    http://www.enroutecorp.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $1,250,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The new money will continue to support the growth, with McCall saying they are adding developers, sales and support staff. It plans to raise more cash to fund expansion into Europe, and possibly Asia later this year.
  • M&A Terms
  • Venture Investor
    Investor
  • Venture Investor
    Undisclosed