Tech Company Financing Transactions
Cargomatic Funding Round
Cargomatic, based in Long Beach, secured $35 million from Warburg Pincus, Canaan Partners and Genesee & Wyoming.
Transaction Overview
Company Name
Announced On
8/16/2018
Transaction Type
Venture Equity
Amount
$35,000,000
Round
Series B
Investors
Warburg Pincus (Lead Investor) (Alex Berzofsky)
Canaan Partners (Hrach Simonian)
Proceeds Purpose
The investment will support Cargomatic's forthcoming geographic expansion efforts and plans to hire key employees to support its next phase of growth.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
211 E. Ocean Blvd. 430/440
Long Beach, CA 90802
USA
Long Beach, CA 90802
USA
Phone
Website
Email Address
Overview
Cargomatic is revolutionizing the world of local trucking logistics - Find less-than-truckload, full truckload, or drayage freights instantly.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Richard Gerstein
Chief Financial Officer
Edward Reginelli
Chief Marketing Officer
Chris Oliver
President
Brett Parker
VP - Bus. Development
Matthew Hogan
VP - Product Management
Sunil Sharma
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Where The Data Comes From
We do our best to report on tech company VC transactions. VC investment data records reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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