PB: Flock Freight raises new funding led by SoftBank

PITCHBOOK writes:

Flock Freight, which operates a freight logistics platform, has secured a $113.5 million Series C led by SoftBank‘s Vision Fund 2. Ervin Tu, a managing partner at SoftBank Investment Advisers, will join the San Diego-based company’s board. Existing investors SignalFire, GLP Capital Partners and GV also participated in the round.

Now read this: “Softbank backs Flock Freight’s ‘pooled truckload’ model” (sub required).

This: “SoftBank makes another bet on freight shipping technology” (sub may be required).

And this: “SoftBank takes a $690m stake in cloud-based Swedish customer engagement company Sinch“.