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September 21, 2018 03:03 pm GMT

On-demand trucking app Convoy raises $185M at $1B valuation

CapitalG, the growth equity arm of Alphabet, has led the $185 million round in Convoy, its first investment in the Seattle-based tech-enabled trucking network. The round brings Convoy’s total raised to $265 million and values the company at $1 billion. New investors T. Rowe Price and Lone Pine Capital participated in the financing alongside existing […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/yAgyuvtZDz0/

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