BURLINGAME, CA, ReverseLogix today announced $20 million in its first round of external funding.
ReverseLogix, the leading cloud-based platform to automate reverse logistics for e-commerce brands, third-party logistics providers and manufacturers, today announced $20 million in its first round of external funding. The new capital will enhance the company's capabilities and resources to deliver a turn-key, 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.
The Series A financing was provided by Cambridge Capital, a leading supply chain technology-focused investment firm. In conjunction with the investment, Cambridge Capital's Benjamin Gordon and Matt Smalley have joined ReverseLogix's Board of Directors.
ReverseLogix is the leading cloud-based platform to automate end-to-end reverse logistics for e-commerce brands, third-party logistics providers and manufacturers. ReverseLogix's centralized, highly configurable, modular SaaS platform is designed to manage every aspect of returns, repairs and after-sales care for all reverse logistics ecosystem players. With the rise in e-commerce, and the unique demands relating to returns and reverse logistics, ReverseLogix is poised to be at the forefront of innovation in a $1 trillion global market.
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