SoftBank has led a $68m series D round for ShipBob through its Vision Fund 2, more than doubling the logistics company’s total equity to over $130m.

US-based e-commerce logistics provider ShipBob collected $68m on Monday in a series D round led by telecommunications conglomerate SoftBank’s Vision Fund 2.

Founded in 2014, ShipBob offers fulfilment services to e-commerce platforms through 10 centres in the US, Canada and Europe. It targets direct-to-consumer marketplaces, and sells software to combine order, inventory and returns management, as well as data analytics.

The money will fuel growth, drive recruitment, enable ShipBob to further develop its software and scale its global network. The…

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Thierry Heles

Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.