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The company said that this round of funding was led by Insight Partners, with other participating investors including: Cambridge Capital, GLP, Harlap, Next 47, Pereg Ventures, Salesforce Ventures, and Viola Growth.
Myriad ocean shipping supply chain issues continue to remain front and center in supply chain circles on various fronts, which were highlighted this week by various federal government and industry bodies.
POLA reported that total May volume—at 1,012,248 TEU (Twenty-Foot Equivalent Units)—saw a 74% annual increase, setting a new record in the port’s 114-year history, and topping the previous monthly high set in April, at 946,966 TEU. POLB reported that May volumes also hit a new monthly record, coming in at 907,216 TEU, increasing 44.4% annually, topping the previous high set in March by 66,829 TEU.