The investment won
SEATTLE: As Bill Gates and Jeff Bezos jockey for the designation of world’s wealthiest man, the Seattle billionaires are united behind at least one local venture. They’re both investors in a trucking logistics startup that competes with Uber Technologies Inc.
Convoy Inc, a two-year-old Seattle company, makes software that matches nearby and available truckers to a shipping job. Convoy said it raised a new round of funding from Gates’s Cascade Investment and other backers. Gates joins Amazon.com Inc’s Bezos, who invested earlier. The latest financing totals US$62mil.
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