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    Amazon CEO Jeff Bezos Invests in Digital Freight Forwarding Startup Beacon

    Amazon CEO Jeff Bezos Invests in Digital Freight Forwarding Startup Beacon

    Amazon's Jeff Bezos was one of several contributors who recently participated in British digital freight forwarder Beacon's Series A fundraising. Other past investors include Uber founders Garrett Camp and Travis Kalanick as well as Google CEO Eric Schmidt. Beacon raised a total of $15 million from various sources during this round of funding; the money is currently earmarked for hiring new talent, developing new technology and expanding the startup's market reach. The company believes that this moment in time is critical for their development due to increasing global digitalisation that will soon make traditional freight forwarding procedures obsolete.

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