Online freight firm Freightos raises $25 million - Reuters

"Freightos, an online marketplace for international shipping, said on Wednesday it raised $25 million in funding led by GE Ventures, bringing the company's total funding to date to $50 million.

"This capital raise will help to continue Freightos’ rapid expansion," said Zvi Schreiber, founder and chief executive of Freightos, which has headquarters in Jerusalem and an R&D center in Ramallah.

Launched in July, the Freightos Marketplace had a doubling in orders in the first quarter of 2017 over the previous quarter. It has over 10,000 registered users."

See the full article here --  http://www.reuters.com/article/us-tech-freightos-fundraising-idUSKBN17014I

 

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