Parcel shipping platform Packlink reports $12.6m investment

Online parcel shipping platform provider Packlink has reported that it recently raised $12.6m in Series C investment, led by Eight Roads Ventures. Existing investor Accel Partners and founding investor Active Venture Partners also participated in the latest round. Packlink’s total funding to date now stands at $24.9m.

The Spanish startup was founded in 2012 and claims to be growing at 100% year-on-year with operations in Spain, Germany, France and Italy. The company says that it already integrates with more than 20 partners (DHL, UPS, TNT, etc.) offering 300 different services.

Packlink said it would use the investment to further strengthen its marketplace and e-commerce businesses.