We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • INDUSTRY PRESS ROOM
  • ABOUT
  • CONTACT
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • CSCMP EDGE 2023
    • Upload Your Video
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • CSCMP EDGE 2023
    • Upload Your Video
Home » Bringg announces $12 million in funding from Salesforce and partners
newsworthy

Bringg announces $12 million in funding from Salesforce and partners

January 17, 2018
DC Velocity Staff
No Comments

Last-mile logistics delivery platform Bringg Delivery Technologies Ltd. said Tuesday that it has raised $12 million in capital that it will use to expand its international reach and add employees to handle growing demand.

This round of investment comes from Salesforce Ventures, the investment arm of cloud-based enterprise resource planning (ERP) software vendor Salesforce, as well as individual investors Eyal Ofer and Shmuel Harlap. It follows a $10 million venture investment made in 2017 by The Coca-Cola Company and other partners, according to Chicago-based Bringg.

Bringg said its services help users improve the efficiency of parcel delivery operations and compete with Amazon.com Inc.'s logistics prowess, for clients in the retail, grocery, restaurant, consumer goods, logistics, healthcare, and services industries.

"Salesforce Ventures is committed to investing in technology that extends our offerings and makes our customers even more successful," Alex Kayyal, EMEA head for Salesforce Ventures, said in a statement. "Bringg will help our customers create more competitive delivery ecosystems that result in faster, more affordable deliveries for their customers."

Transportation Last Mile
KEYWORDS Amazon.com Bringg Salesforce
    • Related Articles

      Bringg raises $100 million in Series E funding

      Bringg lands $10 million investment from Coca-Cola and partners

      LevaData announces $12 million venture funding for AI tools

    Recent Articles by DC Velocity Staff

    Logistics Plus arranges gas pipe delivery to war-torn Ukraine

    Raising temperatures of cold storage warehouses would cut emissions, Lineage says

    Schneider Electric aims to decarbonize the semiconductor supply chain

    You must login or register in order to post a comment.

    Report Abusive Comment

    Most Popular Articles

    • Intermodal groups applaud White House pick for new Multimodal Freight Office

    • MercuryGate acquires cross-border customs clearance specialist ITS

    • A new outlook that’s a lot like the old outlook

    • Rising tech firms target logistics challenges

    • Verizon: Employers struggle to balance cybersecurity with business imperatives

    Now Playing on DCV-TV

    1939a893 c406 4468 af9b 5bbb78acd8c1

    How Will Rate Increases from UPS and LTL Carriers Affect Your Freight Budget in 2024?

    DCV-TV 4: Viewer Contributed
    In the logistics industry, the task of quantifying cost increases from parcel and LTL carriers is becoming more complicated. We don’t expect this trend to end anytime soon, as these companies look for ways to use greater precision in their pricing by drawing on the greater amount of data available.

    FEATURED WHITE PAPERS

    • Exploring Forklift Energy Solutions for Maximum ROI

    • Identifying How Sortation Automation Can Address Challenges for Parcel Processors

    • Unlocking efficiency and growth

    • Quarterly Freight Data Report: Q3 2023

    View More

    Subscribe to DC Velocity Magazine

    GET YOUR FREE SUBSCRIPTION
    • SUBSCRIBE
    • NEWSLETTERS
    • ADVERTISING
    • CUSTOMER CARE
    • CONTACT
    • ABOUT
    • STAFF
    • PRIVACY POLICY

    Copyright ©2023. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing