FourKites raises $35m in August Capital-led round for Asia, South America expansion

Photo: FourKites website

FourKites Inc., a start-up that tracks freight shipments for packaged goods makers and retailers, on Thursday said it has raised $35 million in a round led by Silicon Valley-based venture capital firm August Capital.

Existing investors Bain Capital Ventures and Hyde Park Venture Partners also invested as part of the round. Eric Carlborg, a general partner at August Capital, has joined the company’s board.

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