Lineage re-upped it's investments into the logistics company, bringing its total funding up to $205m.
US-based logistics company Stord closed a $90m series D round featuring logistics and warehousing company Lineage Logistics on Tuesday.
Venture capital firm Kleiner Perkins led the round, which featured Lux Capital, D1 Capital, Palm Tree Crew, Dynamo Ventures, Bond, Founders Fund, Susan Ventures and assorted private investors. It valued the company at $1.1bn.
Stord provides supply chain services, including warehousing, freight and fulfillment to business-to-business and business-to-consumer enterprises across the US.
In addition to the series D, Stord completed its…
Fernando Moncada Rivera
Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
