Stord, a US-based logistics company, has raised $65m in its series C round from a consortium including Salesforce Ventures, the corporate venturing unit of US-listed sales software platform Salesforce, and international warehousing and logistics company Lineage Logistics.
Venture capital firms, Bond, which led the round, Founders Fund, Susa Ventures and Dynamo also participated.
Stord said its total capital raised in the past six months was now $100m to build out its cloud supply chain.
In December, Stord closed a $12.3m A round, led by Kleiner Perkins and joined by existing investors including Susa Ventures and Dynamo to take its then total capital raised to $15m.
Stord’s logistics network combines more than 500 warehouses and 20,000 carriers to position inventory within 100 miles of more than 95% of the US population for customers, such as Dollar General, Tyson Foods, Advance Auto Parts, Schneider Electric and Veritiv.
