Matrix, Lightspeed Lead $13M Series A+ Round In 123Feng.Com


Hangzhou-based local courier delivery service start-up 123Feng.com has completed US$13 million series A+ round from Matrix Partners and Lightspeed Venture Partners, according to a news story posted on the company’s website.

Launched in 2014, 123Feng.com received several million U.S. dollar series A funding from Matrix and Lightspeed in January.

The start-up focuses on providing last mile delivery services to O2O (online-to-offline) companies, restaurants, as well as fast VIP personal delivery services.

 
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