Recruit-backed e-commerce fulfilment services provider ShipBob increased its total funding to more than $62m in a round led by Menlo Ventures.
ShipBob, a US-based e-commerce logistics provider backed by human resources firm Recruit, has raised $40m in a series C round led by venture capital firm Menlo Ventures.
Bain Capital Ventures, Hyde Park Venture Partners, Hyde Park Angels and Y Combinator also contributed to the round. Menlo Ventures partner Shawn Carolan will join ShipBob’s board of directors in conjunction with its investment.
Founded in 2014, ShipBob operates a fulfilment service for direct-to-consumer e-commerce companies, offering same-day delivery at ground-shipping pricing.
The…
