Friday, April 23, 2021

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ReverseLogix: Raises $20M in Series A Funding

  • ReverseLogix Corp., a Burlingame, Calif.-based cloud-based platform to automate reverse logistics for e-commerce brands, raised $20m in Series A funding
  • The round was provided by Cambridge Capital
  • In conjunction with the investment, Cambridge Capital’s Benjamin Gordon and Matt Smalley have joined ReverseLogix’s Board of Directors
  • The company intends to use the funds to enhance its capabilities and resources
  • ReverseLogix provides a modular SaaS platform to manage, plan and execute the complex end-to-end reverse logistics process for the world’s largest e-commerce-focused companies
  • Through the platform, e-commerce companies, logistics providers and manufacturers can manage every aspect of returns, repairs and after-sales care

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