ShipWire Lands New Round

  • Feed Type
  • Date
    7/13/2011
  • Company Name
    ShipWire
  • Mailing Address
    2185 Park Blvd. Palo Alto, CA 94306
  • Company Description
    Small and medium-sized businesses spend more than $50B a year bringing bulk merchandise into the US, managing the inventory, and packing and shipping individual orders. For most of these businesses, shipping is an inefficient and unwanted cost center. With Shipwire, any business can easily and quickly outsource this entire process, saving money and improving service. Shipwire gives merchants instant access to a national warehouse network, with simple bundled pricing, and an open developer network. Merchants can signup with just a few clicks, and manage inventory and fulfillment online.
  • Website
    http://www.shipwire.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    Undisclosed
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    This funding will support the expansion of the Shipwire global warehouse network into new countries, and accelerate the enterprise feature development of the Store-Sell-Ship cloud logistics platform.
  • M&A Terms
  • Venture Investor
    eBay
  • Venture Investor
    Undisclosed

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