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Billionaires aplenty are backing trucking startup Convoy

on Jul 25, 2017 | 0 comments

By Lisa Lacy

Microsoft co-founder Bill Gates has invested in trucking network Convoy’s latest round of funding, joining a veritable who’s who of billionaire backers, which also include Amazon chief executive Jeff Bezos, IAC/InterActiveCorp and Expedia chairman Barry Diller and Salesforce chief executive Marc Benioff.

Gates participated in Convoy’s $62m Series B round.

Y Combinator’s Continuity Fund led the round. In addition to Gates’ private investment vehicle Cascade Investment, other new investors included Mosaic Ventures and former US Senator Bill Bradley.

Existing investors Benioff and Bezos – via Bezos Expeditions – also participated, along with Greylock Partners, Expedia chief executive Read full story ›

Source: The Drum