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Supply-Chain Technology Provider Project44 Gains $100 Million in New Backing


Dec. 21, 2020 6:30 am ET
Logistics technology provider project44 raised $100 million in a Series D funding round that will help to expand the reach of its supply-chain visibility software and build its business as it weighs a potential public stock offering over the long term.
The funding round was led by existing investor Insight Partners, and backing from 8VC, Emergence Capital Partners, Omidyar Technology Ventures, Sapphire Ventures LLC, Sozo Ventures, and Underscore VC.
The investment is the latest in a growing surge of financial support going to digitally-focused logistics providers and software startups that are looking to bring new technology tools that help companies run supply chains more efficiently. ....

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Wish Strengthens Leadership With Key Appointment to Board of Directors


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ContextLogic Inc. (d/b/a “Wish”) today announced the appointment of Jacqueline Reses to its Board of Directors. Ms. Reses is a seasoned executive with extensive international and public company board experience.
“We are delighted to be welcoming Jacqueline Reses to our board of directors. Her knowledge of the financial services and technology sectors, as well as her extensive work with SMBs and understanding the complexities of international ecommerce will be extremely valuable to our business,” said Wish Founder, CEO, and Chairperson Peter Szulczewski. “Jackie is joining us at a pivotal moment in our journey. I am confident she will be a positive addition to the board and believe she will help us achieve our long-term vision of unlocking ecommerce for all.” ....

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