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Convoy seeks to dominate digital freight-booking market

09/28/2018 10:02 PM | Anonymous member (Administrator)

In a market which includes some 50 other competitors, Seattle based digital freight-booking startup Convoy has taken a major step forward by raising $185 million during a recent funding round spearheaded by Google parent company Alphabet, Inc. Convoy already had the monetary backing from the likes of Microsoft founder Bill Gates and Amazon founder Jeff Bezos. The new funding brings Convoy’s total raised to $265 million, giving the business a total value of over $1 billion.

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