Tech Coast Angels Hails Exit At CaseStack
Summary
The Tech Coast Angels said this morning that its members said a 16x return from their investment in CaseStack, the logistics and supply chain company led by Dan Sanker, after its acquisition last year for $255M. According to the Tech Coast Angels, this is the companys sixth highest ever. The Tech Coast Angels were investors in CaseStackf or nearly 15 years. CaseStack develops a software-as-a-service offering to provide logistics, supply chain, and less-than-load (LTL) shipping solutions to consumer packaged goods companies and warehousing firms. The group invested in the $470,000 Series A funding for CaseStack all the way back in 2003.
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