Logicbroker raises $135 million to enhance drop shipping capability

Logicbroker completes $135 million raise to enhance its drop ship technology

Cloud-based e-commerce platform Logicbroker on Tuesday secured a massive $135 million funding raise led by K1 Investment Management. The Connecticut-based company plans to expand its full-function drop ship and marketplace services, which it offers to suppliers, retailers, brands and 3PLs alike.

Logistics is no longer just an expense for businesses — it’s a revenue driver. Whereas in the past companies viewed logistics simply as a tool for moving and delivering goods, they now see logistical...

https://www.freightwaves.com/news/logicbroker-raises-135-million-to-enhance-drop-shipping-capability

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon