uShip Secures $18M from Kleiner Perkins Caufield & Byers to Accelerate Online Shipping Marketplace,
the largest and most trusted transportation marketplace, today announced it has
closed an $18M round of Series C financing with Kleiner Perkins Caufield &
Byers (KPCB).  Funds will primarily be
used to extend the development, sales and marketing of uShip’s commercial
freight platform, mobile platform and global presence.  Maritza Liaw, Partner at KPCB, will join uShip’s
Board of Directors. 


Perkins funding and resources will propel uShip’s next phase of growth.  The trend in commercial freight today is
toward complete automation and greater efficiency, meaning uShip’s PRO platform
has the opportunity to impact the entire industry, from enterprise shippers to
freight brokers to carriers,” said Matt Chasen, CEO and founder of uShip.  “We’ve already built an online shipping
marketplace of over 1.6 million shipping customers and 325,000 registered
carriers, a key distinction between our efforts and those of our
competitors.   The funding and support
from KPCB will allow us to continue our global expansions plans and further
develop our innovative shipping platforms.”


“uShip is
a proven marketplace model with fantastic traction across a number of transport
categories,” said Liaw.  “They are truly
a disruptive player in shipping logistics, reducing friction for both shippers
and transporters.  We see a huge
opportunity for growth in the commercial sector.”