Next47 has joined existing investors including Coca-Cola, Ituran and Salesforce in the round, which increased the logistics software provider's total funding to $53m.
Israel-based supply chain software provider Bringg secured $25m on Tuesday in a series C round featuring industrial technology group Siemens, enterprise software provider Salesforce, beverage producer Coca-Cola and mobility technology producer Ituran.
Aleph VC, OG Tech Ventures, Cambridge Capital and Pereg Ventures also took part in the round, while Salesforce and Siemens invested through subsidiaries Salesforce Ventures and Next47 respectively. The company has now raised $53m in total, it said.
Founded in 2013, Bringg has developed logistics software that enables…