SoftBank took part in the e-commerce fulfilment service provider's latest round, which was led by Bain Capital Ventures at a valuation in excess of $1bn.
US-based e-commerce logistics provider ShipBob secured $200m yesterday in a series E round backed by internet and telecommunications conglomerate SoftBank, more than doubling its valuation to “well over $1bn”.
The round, which took the company’s overall funding to over $330m, was led by Bain Capital Ventures, the venture capital subsidiary of private equity firm Bain Capital, and also featured Menlo Ventures, Hyde Park Venture Partners, Hyde Park Angels and Silicon Valley Bank.
Founded in 2014, ShipBob offers a cloud-based logistics…
