ShipMonk raises $65M on heels of massive growth equity round

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    Fort Lauderdale-based ShipMonk raised $65 million in an equity funding round led by Periphas Capital just one month after it received a $290 million cash injection. The new financing will accelerate ShipMonk’s international expansion, expand carrier partnerships, increase hiring and enhance the startup’s technology platform. “We believe ShipMonk benefits from three growth curves: explosion in e-commerce, consumer preference for digitally native direct-to-consumer brands, and a shift by [small…

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