Wakeo in a $11 million funding round backed by 360 Capital and Promus Ventures.

Wakeo, a Paris, France-based software company of a real-time visibility solution for overseas transport, announced the completion of series A round closed at $11M.

The money was raised from investors including 360 Capital and Promus Ventures, through its Orbital Ventures fund.

The proceeds will be used to further invest in their ETA calculation models, continue to develop more added-value features, and accelerate international growth.

Wakeo, founded in 2016 by CEO Julien Cote and Loic Marzin, built a platform aggregating a worldwide network of hundreds of sources including shipping lines, airlines, carriers, ERP, TMS, as well as satellites, terminals, or IoT devices to provide real-time visibility for overseas transport. The platform integrates a data engine crossing those multiple data sources, powered by AI algorithms, to provide intelligent ETAs that anticipate disruptions and deliver customers’ promises. Customers include global leaders in various industries, including Uniqlo, Faurecia, Air Liquide, B. Braun, and Clasquin.

Wakeo previously raised $2M from Techstars, 50 Partners, and business angels including the former CEO of Bolloré Logistics.