Start-up gets $60 million footing

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Dulles, Va.--A b-to-b start-up that aims to provide logistics support to small businesses has landed $60 million in venture capital funding from a blue-chip list of business partners., Dulles, Va., said Nextel Communications, NationsRent Inc. and Thomas Publishing are among the investors in the $60 million second round of funding, which will be used for marketing the brand and research and development. To date, has raised $70 million in its first 15 months of operation. Other venture participants include New Enterprise Associates, Capital Investors, FBR Technology Venture Partners, Draper Richards and former Federal Communications Commission chairman Reed Hundt.
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