Freight News, IT

Funding for Freightos

[ March 30, 2017   //   ]

Freightos has raised $25m in funding from investors led by GE Ventures, bringing its total funding to $50m, said the Hong Kong based booking portal. The funds will be used to increase global market penetration and further develop global freight pricing, routing, and sales automation software. Founder and chief executive, Dr Zvi Schreiber, said: “The age of digital logistics has arrived…This once-neglected sector is ripe for digitization.”