Cargado, the first ever cross-border freight marketplace and load board for U.S.-Mexico freight, announced a $12 million Series A funding round led by venture capital firm LGVP.
Cargado CEO Matt Silver said the funding will be used to expand the platform.
“It’s all about building the product and building the network,” Silver told FreightWaves in an interview. “Everybody loves the product. There’s a lot that customers want from us; now that they’re using the product, they ask for more things and...