Technology-enabled trucking company CloudTrucks announced Tuesday it raised $115 million in series B funding led by Tiger Global with participation from Menlo Ventures and previous investors including Caffeinated Capital, Craft Ventures, Khosla Ventures, Abstract, BTV and Kindred Ventures.
The round also included investment from freight forwarder Flexport and angel investors Eric Wu, CEO of Opendoor, and Michael Ovtiz, former president of The Walt Disney Co.
The trucking company has raised a...
https://www.freightwaves.com/news/cloudtrucks-secures-115m-to-lower-the-barrier-of-entry-for-drivers