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February 24, 2011 11:10 am GMT
A freight brokerage is a service that brings together someone who wants to to transport goods (like oranges, or iPods) with the trucking company that wants to transport them. Open Mile, which is today announcing a $6 million round of Series B funding, is the first such service that attempts to bring these relatively unglamorous transactions online, tapping into a $60 billion industry which is heavily phone and fax based. Read: It's disruptive.The financing was led by Globespan Capital Parters and rounded out by existing investor Charles River Ventures.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/-Hjp4iRftyw/
Online Freight Brokerage Open Mile Raises $6 Million
A freight brokerage is a service that brings together someone who wants to to transport goods (like oranges, or iPods) with the trucking company that wants to transport them. Open Mile, which is today announcing a $6 million round of Series B funding, is the first such service that attempts to bring these relatively unglamorous transactions online, tapping into a $60 billion industry which is heavily phone and fax based. Read: It's disruptive.The financing was led by Globespan Capital Parters and rounded out by existing investor Charles River Ventures.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/-Hjp4iRftyw/
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