Google Ventures, the corporate venturing unit of the eponymous search engine provider, has sold its second portfolio company, and its first public non-US deal, to its parent.
Google bought Canada-based mail delivery service BufferBox for an undisclosed amount.
At the end of October, BufferBox started its first network of parcel pick-up stations in North America, through a contract with Metrolinx, the agency that oversees GO Transit in Ontario, Canada.
Google’s previous purchase of a Google Ventures portfolio company was for Milk, Kevin Rose’s mobile start-up. Rose is now a partner at Google Ventures, and he was the one who led the investment into BufferBox, according to news provider AllThingsD.
The acquisition is reportedly in a similar vein to Google’s previous acquisition of GrandCentral, a non-portfolio company, that became Google Voice, according to news provider TechCrunch.
Wesley Chan, now a partner at Google Ventures, had led the purchase of GrandCentral.