China logistics software start-up raises $25m Series B round
OTMS, a China-based logistics software developer, has raised a $25 million Series B round led by Weixing Chen, founder of local ride-hailing app operator Kuaidi Dache.
Existing investors including Chinese search engine Baidu, Chengwei Capital and Matrix Partners China also participated. OTMS said in a release that it has chose Chen as the lead investor over other parties...
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