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Bringg Raises $22 Million Series B Round for Delivery Logistics

| January 17, 2018


Bringg, a delivery logistics platform for enterprises, announced that it has raised additional funding from strategic partners, bringing its Series B investment total to $22 million.

The company’s delivery logistics platform is used by  retail, ecommerce, food, services and logistics providers in over 50 countries, including Coca-Cola, Kimberly Clark, Panera Bread, Cdiscount and Hilti.

With offices in Chicago, New York and Tel Aviv, the company plans to leverage the funding to address the growing demand for its solution by increasing its international reach and expanding teams across the company.

Here’s what’s special: Bringg’s technology enables customers to digitize their entire supply chain – creating a competitive delivery ecosystem that focuses on end-to-end operational efficiency and perfect customer experiences.

Raanan Cohen, Co-Founder & CEO of Bringg said: “The $23 trillion ecommerce industry is ripe for disruption, and we’re on a mission to help the world’s most loved brands remain competitive. We are excited to have Dr. Harlap, Eyal Ofer’s O.G. Tech Ventures and Salesforce Ventures as partners in the business to support our growth, and help us fulfill our mission to enable enterprises worldwide to modernize their delivery infrastructure and improve their operational efficiency.”

“Salesforce Ventures is committed to investing in technology that extends our offerings and makes our customers even more successful,” said Alex Kayyal, EMEA Head, Salesforce Ventures. “As a leading delivery logistics platform, Bringg will help our customers create more competitive delivery ecosystems that result in faster, more affordable deliveries for their customers.”

Category: General Update, News

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