France-based logistics services marketplace Boxtal has received €7m ($7.7m) from investors including corporate-backed venture capital vehicle Ecomobility Ventures, FrenchWeb has reported.
VC firms Idinvest Partners and CapHorn Invest also participated in the round. Ecomobility Ventures was founded by oil company Total, mobile phone network Orange, car manufacturer Peugeot and rail operator SNCF.
Founded in 2009, Boxtal operates a marketplace that e-commerce clients can use to send packages through one of 17 third-party logistics providers such as Fedex, La Poste or UPS. The company was known as EnvoiMoinsCher.com until last month.
The cash will enable Boxtal to strengthen its market position in France and to expand across Europe over the coming months, beginning with Spain. Boxtal further plans on hiring an additional 30 staff.
CapHorn Invest previously supplied €2.6m in funding in 2013. The company also received $1.5m from undisclosed investors in 2011, according to deals database Pitchbook.