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FarEye, an end-to-end, global delivery management platform, has announced a USD 100 million Series E round led by TCV and Dragoneer Investment Group.
Existing investors Eight Roads Ventures, Fundamentum and Honeywell also participated in the round. The funds will be used to accelerate the company’s mission of empowering brands to provide Amazon Prime-like delivery experiences and redefining how products are delivered across diverse logistics networks.
FarEye will further focus on expanding its software platform capabilities and drive European and North American expansion. As part of the transaction, Gopi Vaddi, General Partner at TCV, will join FarEye’s board of directors.
FarEye Announces $100 Million Series E Round Led by TCV and Dragoneer
New funding will accelerate innovation and global expansion for leading logistics management SaaS platform
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LONDON, May 25, 2021 /PRNewswire/
FarEye, a leading end-to-end, global delivery management platform, has announced a USD 100 million Series E round led by TCV and Dragoneer Investment Group. Existing investors Eight Roads Ventures, Fundamentum and Honeywell also participated in the round. The funds will be used to accelerate the company s mission of empowering brands to provide Amazon Prime-like delivery experiences and redefining how products are delivered across diverse logistics networks. FarEye will further focus on expanding its software platform capabilities, drive European and North American expansion, and continue to attract world-class talent. As part of the transaction, Gopi Vaddi, General Partner at TCV, will join FarEye s board of directors.