Leading technology website, TechCrunch, featured OurCrowd portfolio company Freightos. The company offers a Software as a Service cloud solution for automating pricing and sales in the trillion dollar freight (cargo) industry.

Freightos, the Israel-headquartered startup that operates an online freight network to bring efficiencies, such as real time quotes, to the freight industry, has raised $4.6 million Series B funding. The round was led by Aleph and ICV, with follow on investment via OurCrowd, the equity-based crowdfunding platform. It brings the total raised by the company to $6.3 million.

The Freightos Network is described as enabling freight vendors to collaborate automatically with other vendors and customers in order to provide “instant door-to-door quotes”.

 

Freightos raised $550,000 from OurCrowd investors in November 2012 and $110,000 in a follow-on funding round in 2013.

Read more on TechCrunch here.