Temando raises $50 Million Investment from Neopost S.A.

Posted by Temando on Wednesday, April 08, 2015 with No comments

We at Temando have some exciting news to share with you. Today we announced we have raised a $50 Million Series B investment from Neopost S.A. We will use the funds to invest in further product development and leverage Neopost’s global reach to expand into new markets.

Neopost is a world leader in the field of Mail Solutions, and is also a major player in the fields of Communication and Shipping Solutions with a strategic focus on developing innovative technologies for the global parcel market.

Our Chief Executive Officer and Co-founder Carl Hartmann said “As an Australian Technology Company we are proud of our heritage and wouldn’t be here today without the support of our ecosystem – retailers, agencies, carriers and technology partners who have believed in our vision from the start and continue to inspire our product development into the future”.

Carl further stated that: “Neopost’s strategic stake in Temando will provide the momentum necessary to create the most advanced fulfillment platform in the market. Our mutual technologies will enable retailers to deliver flexible, world class experiences for their customers.”

We are looking forward to a very exciting 2015!

Click here for more details on this announcement.