Turvo, the world’s first real-time collaborative logistics platform, has closed a Series B financing with $60M led by Mubadala Ventures.

G2VP and Next47 also became first-time investors in the company. Existing investors Activant Capital, Felicis Ventures, Future Shape and Upside Partnership also participated in the round. The company has now raised a total of $100M in funding.

The Gunderson Dettmer team representing Turvo was led by Trevor Knapp and included Ingrid Perez, Shawna Reeder and Jessica Verran-Lingard.