|Acquired by||Echo Global Logistics|
|Description||Freight transportation brokerage.|
|Series B, 2/11 |
Globespan Capital Partners
Charles River Ventures
|Debt, 3/12 |
NXT Capital - Venture Finance
Open Mile believes that the domestic truckload market should be smarter, pricing should be transparent, and information should be easily accessible for all.
Open Mile’s business utilizes the best aspects of web and mobile technology to empower shippers and carriers to interact, collect market intelligence and match demand with capacity all in real-time.
The company has created tools that power a smarter freight industry, automating much of the process, creating lower cost and better service for shippers while creating new customers and revenue opportunities for qualified carriers.