VCs commit $20m to China logistics cloud solution provider
IDG Capital Partners, Matrix Partners and Yunqi Ventures have provided $20 million in Series A funding to Olymtech Corporation, a Chinese cloud solutions specialist that focuses on the logistics industry.
Founded in 2002, Olymtech provides cloud-based IT solutions - under the CargoGM and CargoPM.com business lines - for international freight forwarders and logistics services providers. While CargoGM helps...
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