KEEPTRUCKIN * USA: Digitize the long-haul trucking industry
* California - KeepTruckin raises $18 mln as Silicon Valley eyes trucking industry
Silicon Valley is eager to take a piece of a $700 billion-a-year sector that has long relied on pencil and paper... San Francisco-based startup KeepTruckin said on Thursday it raised $18 million in a funding round led by Scale Venture Partners, alongside previous investors Index Ventures and GV, the venture arm of Alphabet Inc... KeepTruckin joins a crowded and competitive field of young companies all vying for a place in the trucking industry. Startups including Convoy and Transfix, and ride-services behemoth Uber Technology Inc, are all aiming to unseat traditional freight brokers...
(Photo: ELD ratings) -- San Francisco, CAL, USA - Reuters/NASDAQ, by Heather Somerville - May 18, 2017