FreightWaves has secured $37m across two rounds from investors including Kayne Partners Fund to bring the Hearst and Prologis-backed company’s total funding to more than $75m.
FreightWaves, a US-based operator of a data and news platform for freight markets backed by media group Hearst and property developer Prologis, on Friday revealed it raised $37m across two rounds.
Kayne Partners Fund, the growth equity arm of investment management firm Kayne Anderson Capital Advisors, provided $30m for the second round. FreightWaves began raising the rounds in April this year, but has not disclosed further details.
FreightWaves has built an online data analytics and news platform to help clients in…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
