GCC backs Eyefreight
Global Cleantech Capital (GCC) and De Hoge Dennen Capital have led a €9m funding round for Eyefreight, a Netherlands-based provider of transportation management software-as-a-service (SaaS).
The fresh capital will be used to extend the company's reach into the North American market with the establishment of a US base in Evanston, Illinois. The funding will also enable Eyefreight to bolster its business development and sales leadership teams for the new office.
GCC and De Hoge Dennen are existing backers of Eyefreight, having previously invested in the company in March 2012.
Company
Founded in 2008, Eyefreight is headquartered in Utrecht and employs 50 staff. The company provides a transport management system (TMS) as a SaaS platform, designed to aid clients in simplifying global logistics operations.
The business's TMS product is structured to provide a single platform for the coordination and data display of complex global transport operations for large multinational shippers.
Eyefreight claims that its SaaS product can reduce costs, increase service levels and is more time-efficient. Clients include Tata Steel, Levi's, Campari and Heineken.
People
Ken Fleming is the CEO of Eyefreight.
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