uShip Obtains $18,000,000 Series C Funding

  • Feed Type
  • Date
    12/19/2012
  • Company Name
    uShip
  • Mailing Address
    1300 Guadalupe St Austin, TX 78701
  • Company Description
    uShip is building the next great consumer internet company. The company’s mission is to create the most efficient marketplace for shipping that has ever existed. By reducing shipping costs, uShip relieves the pain that exists when buying and selling large items on eBay. Simultaneously, uShip provides independent carriers the marketing scale, technology and credibility they need to become more profitable and compete with large corporations.
  • Website
    http://www.uship.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $18,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    Funds will primarily be used to extend the development, sales and marketing of uShip’s commercial freight platform, mobile platform and global presence.
  • M&A Terms
  • Venture Investor
    Kleiner Perkins Caufield & Byers

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