Video: Shutl CEO Tom Allason on corporate venturing
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Having closed its second funding round of the year, Tom Allason explains why the business has taken on a corporate venture backer.
To support its planned 2013 US market entry, e-commerce delivery business Shutl has closed a $3.2 million (£2 million) investment deal to go alongside the $2 million it secured in August. CEO Tom Allason explains the benefits to taking on a corporate backer such as UPS.
More on Shutl and Tom Allason:
- Shutl set to deliver in US after securing UPS backing
- Tom Allason’s Shutl secures £650,000 investment