ClearMetal Secures Funding to Solve Multi-Billion Dollar Global Shipping Problem

ClearMetal Closes $3 Million Seed Round to Revolutionize How Carriers Drive Efficiency for Every Shipping Container Around the Globe SAN FRANCISCO, CA–(Marketwired – February 24, 2016) – ClearMetal, a predictive logistics company, today announced it has closed a $3 million seed financing round from leading global investors — NEA, Skyview, and Eric Schmidt’s Innovation Endeavors. Taking a groundbreaking approach to solving a multi-billion dollar shipping logistics problem, ClearMetal will use the investment to bring predictive intelligence to container shipping. “It’s the age-old issue that continues to plague the shipping industry: Carriers struggle to get the right asset to the right place at the right time,” said Chetan Puttagunta, Partner at NEA. “The industry now has the needed IT and data infrastructure in place-opening the doors for ClearMetal to apply an…


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