Tech Company Financing Transactions
Locus Funding Round
Alpha Wave Ventures, Blume Ventures and Exfinity Venture Partners joined a $22 million Series B funding round for Locus. The round was recorded on 5/14/2019.
Transaction Overview
Company Name
Announced On
5/14/2019
Transaction Type
Venture Equity
Amount
$22,000,000
Round
Series B
Investors
Proceeds Purpose
The new round of funding will help Locus penetrate deeper into the new markets by enhancing the product and solutions for each geography and also in expanding local teams.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
691 S Milpitas 217
Milpitas, CA 95035
USA
Milpitas, CA 95035
USA
Phone
Website
Email Address
Overview
Locus is an Intelligent logistics automation platform with in-built route planning, vehicle allocation and 3D packing technology solutions which improves consistency and efficiency of operations, higher customer satisfaction with high adherence to SLAs & last mile live tracking.
Management Team
Title
Name
Email & Social
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About Database of VC Transactions
Our team works diligently to report on all VC transactions involving tech companies. VC investment data records reported here come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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