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Cargomatic Closes $35M Series B Financing Round Led By Warburg Pincus

by vcaonline.com posted 1year ago 61 views
Cargomatic Closes $35 Million Series B Financing Round Led by Warburg PincusInvestment will fuel expansion efforts both in the U.S. and internationally LONG BEACH, Calif., August 15, 2018-- Cargomatic, Inc. ("Cargomatic"), a leading technology platform that connects shippers and carriers, today announced the closing of a $35 million Series B financing round. The financing is led by funds affiliated with Warburg Pincus, a leading global private equity firm focused on growth investing, along with Canaan, Genesee & Wyoming, Xplorer Capital and Muse Family Enterprises.

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