Packlink Closes $12.6M Venture Capital Financing

Packlink, a Madrid, Spain-based online parcel-shipping platform, closed a $12.6m financing round.

The round was led by Eight Roads Ventures with participation from Accel Partners and Active Venture Partners.

The company, which has raised $24.9m in total funding, intends to use the funds to expand across Europe (it is already present operations in Spain, Germany, France and Italy).

Originally founded in Madrid in 2012 by current CEO Ben Askew-Renaut, Packlink operates an online shipping comparison and booking platform that connects providers with consumers and businesses and integrates with over 20 partners, including DHL,UPS, TNT.



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