Online parcel shipping platform, Packlink, has raised $12.6 million in Series C investment, led by Eight Roads Ventures. Existing investor Accel Partners and founding investor, Active Venture Partners have also participated in the round, bringing Packlink’s total funding to date to $24.9 million. The Spanish startup was founded in 2012 and has operations in Spain, Germany, France and Italy. The company currently integrates with more than 20 partners (including DHL, UPS and TNT) offering 300 different services. The investment will be used to further strengthen its marketplace and e-commerce businesses.

Ben Askew-Renaut, founder and CEO of Packlink, says: “We have built really exciting technology that lets online merchants and marketplaces offer their customers the sort of shipping experience normally reserved for large retailers, allowing them to focus on their core business. This investment will help us on our path to becoming a leading provider of carrier services across Europe, giving both businesses and consumers easy access to the world of shipping and parcel delivery.”

Davor Hebel, partner, Eight Roads Ventures, comments: “Packlink is a powerful reminder that market-leading innovation is happening right across Europe. The company's platform is best-in-class and its commercial traction is very exciting. We are delighted to have led this funding round and to support its future growth trajectory, sharing our expertise in building great software and marketplace businesses.”

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