Convey announces $10M in new round of venture capital funding
By Jeff Berman, Group News Editor · June 20, 2018
Convey, an Austin, Texas-based provider of cloud-based technology that helps shippers connect disparate data and processes to improve the last mile customer experience, announced this week that it has received an additional $10 million in venture capital funding, which brings its total raised capital to $25.75 million.
The company said that the lead investors for this round of funding are Silverton Partners, Techstars Venture Capital Fund, RPM Ventures, and NextGen, among others.
Company officials said that this investment will go towards expanding the company’s product portfolio capabilities as well as adding personnel for sales engineering, and client success.
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