According to Xconomy, Madrid, Spain-based online shipping startup PackLink has raised a $9 million Series B round led by Accel Partners with participation from existing investor Active Venture Partners. PackLink compares shipping price, speed, and service level across a variety of worldwide shipping providers, letting users print labels and track packages as well. Founded in 2012, PackLink has raised $11 million to date and is launching soon in Italy, Mexico, and the UK.
Freight 'rate marketplaces', the darlings of the last dot-com boom in the early 2000's, are making a comeback. They perhaps have their best chances of success in the less than clear international freight marketplace, where rates are only a small part of the final cost. Anyone want to explain to me why it cost $151 to ship a 9 oz plate to the US from Morocco, for example? Hopefully, these marketplaces can make some of the additional costs more clear up front, FedEx…
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